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  "notes": "Standard fairness opinion disclosure regarding management-provided projections.",
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      "text": "Perspecta management has directed Stone Key to use these financial projections as the basis for its fairness opinion valuation analysis given Perspecta believes they are the most reflective of the current state of the business and reflect Perspecta management's outlook for Perspecta. We have noted that the long term growth trajectory of the financial projections is higher than the Company's historical financials since IPO",
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      "text": "For purposes of Stone Key's valuation and fairness analysis, Stone Key has been directed by Perspecta management to base our analysis on its most recently updated set of financial projections for Perspecta provided to Stone Key on January 24, 2021 (\"Management Projections\"). Financial projections cover six years through Fiscal Year 2026 (ending March 31). Financial projections include income statements, balance sheets and cash flow statements.",
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      "text": "Perspecta management has prepared and reviewed the Management Projections, has shared these projections with the Board, and has determined these as the most realistic financial forecast for Perspecta",
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