{
  "docId": "019de06f-d8bf-759f-9ed5-cfc39280720c",
  "docSlug": "83329f7fd91074430ceb2fedc95a6e4a",
  "documentTitle": "Goldman Sachs | Investment Banking Pitch Book | 12 slides",
  "authorId": "goldman-sachs",
  "authorName": "Goldman Sachs",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2929293,
  "pageNumber": 12,
  "pageCount": 12,
  "prevPage": 11,
  "nextPage": null,
  "slideType": "appendix_data",
  "function": "cite_precedent",
  "density": "balanced",
  "nDataPoints": 20,
  "notes": "Data sourced from Factset MergerMetrics for transactions >$200M between 2003 and 2018.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-d8bf-759f-9ed5-cfc39280720c/12",
  "deckHref": "/decks/019de06f-d8bf-759f-9ed5-cfc39280720c",
  "deckJsonHref": "/decks/019de06f-d8bf-759f-9ed5-cfc39280720c.json",
  "deckAnchorHref": "/decks/019de06f-d8bf-759f-9ed5-cfc39280720c#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.75,
        "x": 0.13,
        "y": 0.88
      },
      "kind": "disclaimer",
      "text": "Source: Factset MergerMetrics for transactions greater than $200 million announced between 2003 and December 31, 2018. Note: Relatively Symmetric is defined by the upper collar range and lower collar range being within 5% of each other (but not absolutely symmetrical).",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2ffd40d7-8dd6-4982-aa41-66dc1608b730",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.75,
        "x": 0.13,
        "y": 0.22
      },
      "kind": "list",
      "text": "Among 86 transactions with collars since 2003, 80% have floating collars and 20% have fixed collars; Among transactions with collars, 26% have walk-away provisions (59% Target, 14% Acquiror, 27% both); No MOEs within sample have collars",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "68e89fc7-c1ab-4672-adf5-456ddbefc65d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.75,
        "x": 0.13,
        "y": 0.39
      },
      "kind": "table",
      "text": "Floating Collars (N=69) stats; Fixed Collars (N=17) stats; Collar Pricing Period stats; Collar Symmetry stats",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f788fef5-f048-43e9-8520-b0562545d5ba",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.13,
        "y": 0.08
      },
      "kind": "title",
      "text": "Summary Statistics from Precedent Collars",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7856931d-a2f3-4d66-8100-ef1004d0299b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}