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  "documentTitle": "Evercore | Investment Banking Pitch Book | 54 slides",
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  "authorName": "Evercore",
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  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2020-06-01 00:00:00",
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  "pageNumber": 27,
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  "slideType": "sensitivity_analysis",
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  "density": "balanced",
  "nDataPoints": 75,
  "notes": "The table evaluates five scenarios (100% to 0% retention) across various valuation components including publicly traded securities, private assets, and net debt adjustments.",
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      "text": "Source: FactSet (as of 6/9/20). Note: For illustrative purposes, we have analyzed the transaction assuming stock consideration; potential tax leakage for LBRD within GLIB is $881mm. 1-5 footnotes detailing valuation assumptions.",
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      "text": "GCI valued at $2.75bn; LendingTree valued at a post-tax basis; Charter valued at Charter look-through price within LBRD (12% discount to NAV) on pre-tax basis; Sensitizes share of deferred tax savings to GLIB on the shares held in LBRD",
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      "text": "Assumed SOTP Valuation Scenarios table with columns for 100%, 75%, 50%, 25%, 0% retention and rows for asset values, debt, NAV, and implied share price metrics.",
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      "kind": "title",
      "text": "Sensitivity Analysis: Potential Premium to GLIB Based on NAV Assumptions",
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