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  "documentTitle": "Lazard | Investment Banking Pitch Book | 49 slides",
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  "notes": "Includes reference ranges for valuation multiples; distinguishes between Large Cap Software and High-Growth Infrastructure.",
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      "kind": "disclaimer",
      "text": "Source: Vail management, public company filings and FactSet as of 8/16/2019. Note: Valuations fully diluted based on treasury stock method...",
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