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  "documentTitle": "Evercore | Investment Banking Pitch Book | 54 slides",
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  "authorName": "Evercore",
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  "presentationDate": "2020-06-01 00:00:00",
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  "notes": "Includes valuation of Charter shares, Skyhook private assets, and adjustments for debt and corporate expenses.",
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      "text": "1. Assumes Skyhook's value based on DCF with terminal multiple range of 1.5x to 3.5x. 2. Calculated as LBRD Equity Value as of 6/26/20 plus Net Debt minus the mid-point of Skyhook valuation plus NPV of LBRD Corporate Expense, divided by 54.1mm Charter shares within LBRD.",
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      "text": "Source: Factset (as of 6/26/20), LBRD management, Wall Street Research. Note: Charter tax leakage of $4,640mm at 24% tax rate per page 24 of the appendix.",
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      "text": "Assuming public assets at trading value",
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      "text": "Detailed SOTP valuation table including Publicly Traded Securities, Private Assets, and Financial Assets/Liabilities.",
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      "text": "Sum-of-the-Parts Valuation of LBRD",
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