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  "documentTitle": "Evercore | Investment Banking Pitch Book | 10 slides",
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  "authorName": "Evercore",
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  "presentationDate": "2020-06-01 00:00:00",
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  "notes": "The slide uses four bar charts to compare GLIB standalone vs. Pro forma LBRD.",
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      "text": "Equity Value",
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      "text": "Cash & Cash Equivalents (3/31/20)",
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      "text": "Debt / Capitalization",
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      "text": "Net Debt / Capitalization",
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      "kind": "paragraph",
      "text": "A rollover of GLIB Preferred Stock into an instrument with the same economic terms of LBRD may be beneficial to Preferred Stockholders as the pro forma company has a healthier scale, liquidity, credit profile and has a greater proportion of its value in highly liquid tradable securities",
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      "text": "Source: FactSet (8/22/20), company filings. Note: Pro forma LBRD assumes 0.575 exchange ratio for GLIB acquisition. (1) Equity value as of 8/22/20 (2) Includes GLIB preferred shares and values senior exchangeable debentures at book value of $477mm and treated as debt as of 3/31/2020",
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      "text": "GLIB Preferred Stock Rollover Considerations",
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