{
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  "docSlug": "bc21db653fd39c87cc45d098adbbaef3",
  "documentTitle": "Goldman Sachs | Investment Banking Pitch Book | 20 slides",
  "authorId": "goldman-sachs",
  "authorName": "Goldman Sachs",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-09-01 00:00:00",
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  "pageNumber": 5,
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  "slideType": "comparison_table",
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  "density": "dense",
  "nDataPoints": 18,
  "notes": "The slide compares valuation outcomes for two different offers (GP vs Midstream) across four perspectives (Midstream, Upstream, GP, Series B).",
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  "slideHref": "/slides/019de06f-b7c5-747a-b096-027106841feb/5",
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      "kind": "callout",
      "text": "GP Offer: 1.775 x; Midstream Offer: 1.865 x; Each with $3 / unit cash credit against exchange ratio",
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      "text": "Stacked bar chart showing equity and cash components for GP and Midstream offers across four perspectives.",
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      "kind": "disclaimer",
      "text": "Source: Bloomberg market data as of 24-Aug-2018. Value gap defined as the remaining delta between illustrative value paid to Midstream under GP and Midstream's proposals.",
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      "kind": "legend",
      "text": "Equity Component (dark blue), Cash Component (light blue)",
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      "kind": "title",
      "text": "Illustrative $10bn Equity Value Before Cash Consideration",
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      "kind": "title",
      "text": "Prior to 30-Aug GP Proposal: Summary of New AMGP Value",
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      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "The review of offers to date and summary of economic terms highlight the need for a new proposal.",
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      "evidence": "The document presents a clear and logical sequence of financial analysis and data to support the proposed transaction.",
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