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  "presentationDate": "2019-08-01 00:00:00",
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  "notes": "Includes footnotes regarding exchange ratios, cloud transition scenarios, and WAEP calculations.",
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      "kind": "source-note",
      "text": "Source: Vail management, Raven management, Company filings and FactSet as of 8/16/2019. Note: Analysis based on an exchange ratio to Diamond of 0.0550 Vail Class B shares per Raven Class B share. Scenario A forecasts represent Vail's current cloud transition trajectory. Scenario B forecasts represent an accelerated cloud transition scenario. 1 Reflects weighted average exercise price of the 1.0m to-be-issued Vail options.",
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      "text": "Vail Capitalization table showing Current, Illustrative Impact of Raven Acquisition, and Pro Forma columns for shares, options, ownership, and leverage.",
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      "text": "Pro Forma Capitalization Impact",
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