{
  "docId": "019de074-4b78-7373-b8ea-1669c2374661",
  "docSlug": "f45d67fa865b57800c25284b0123f063",
  "documentTitle": "Bank of America | Investment Banking Pitch Book | 30 slides",
  "authorId": "bank-of-america",
  "authorName": "BofA Securities",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2023-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 26,
  "pageCount": 30,
  "prevPage": 25,
  "nextPage": 27,
  "slideType": "timeline",
  "function": "plan_implementation",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide contrasts two distinct legal pathways for taking an MLP private, highlighting the difference in duration and process steps.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-4b78-7373-b8ea-1669c2374661/26",
  "deckHref": "/decks/019de074-4b78-7373-b8ea-1669c2374661",
  "deckJsonHref": "/decks/019de074-4b78-7373-b8ea-1669c2374661.json",
  "deckAnchorHref": "/decks/019de074-4b78-7373-b8ea-1669c2374661#slide-26",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.94,
        "x": 0.03,
        "y": 0.53
      },
      "kind": "chart",
      "text": "Timeline arrow from week 0 to 24",
      "attrs": null,
      "subkind": "bar-horizontal",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f47c906c-2b9f-40f9-9ab3-457f6798b1d5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.94,
        "x": 0.03,
        "y": 0.215
      },
      "kind": "diagram",
      "text": "Tender Offer and Exercise of Limited Call Right",
      "attrs": null,
      "subkind": "timeline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0f8d4eac-8280-4804-b3c1-fdc6552907a1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.94,
        "x": 0.03,
        "y": 0.58
      },
      "kind": "diagram",
      "text": "Merger Agreement",
      "attrs": null,
      "subkind": "timeline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cf0fc8ba-5368-40f7-b9a6-076aa2842b8f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.94,
        "x": 0.03,
        "y": 0.14
      },
      "kind": "paragraph",
      "text": "Most MLP take privates have been executed through a negotiated merger; typically a negotiated merger has a longer statutory time table, however, a tender offer may introduce execution risk if the price is not accepted by enough unit holders",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a8dc0539-0a6a-4d08-a836-2c03b62929ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.3,
        "x": 0.03,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "(1) Both options assume customary SEC review periods.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8667b44f-dd37-439d-96d3-446790e2a0d6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.03,
        "y": 0.05
      },
      "kind": "title",
      "text": "Take Private Process Overview",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0f90e071-6be1-4bc3-9e7e-cc401099bc49",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.3,
        "x": 0.03,
        "y": 0.1
      },
      "kind": "title",
      "text": "Transaction Execution Timeline",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "daa3a110-55e6-439b-a501-60490d8f3722",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "gantt-chart",
      "slug": null,
      "matchId": "956bd4d0-1473-4409-a5f5-22549e24df0d",
      "evidence": "Visual timeline comparing two parallel processes over a 24-week period.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}