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  "documentTitle": "Icahn Enterprises | Activist Presentation Deck | 37 slides",
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  "authorName": "Icahn Enterprises",
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  "presentationDate": "2023-04-01 00:00:00",
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      "text": "ILMN MUST ACCEPT THAT IT WILL NOT BE ABLE TO OWN GRAIL AND SHOULD MOVE TO SEPARATE GRAIL QUICKLY. A NEW CEO SHOULD BE BROUGHT IN TO FOCUS ON ILMN'S CORE BUSINESS.",
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      "text": "Replace CEO: Approach Jay Flatley (or similar individual) to return as CEO or Chairman on an interim or permanent basis. Right the ship and stop the brain drain",
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      "text": "Focus on Core Competencies: Maintain lead in genetic sequencing. Focus on growing in related fields of multiomics including single cell and proteomics. Stop competing against customers",
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      "text": "Spin-off with Rights Offering: Given binary value potential and cash need of GRAIL, execute a rights offering to raise the capital for GRAIL and spin-off into a separate publicly-traded entity. ILMN's current shareholders can choose for themselves, without board interference, whether to invest more in GRAIL or sell their rights (and profit in that fashion)",
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      "text": "Drop GRAIL Appeals: Drop the appeals processes, apologize to regulators and customers and negotiate with the regulating bodies to obtain the best path to exit GRAIL",
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