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  "documentTitle": "J.P.Morgan | Investment Banking Pitch Book | 33 slides",
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  "notes": "The slide outlines a sequential process from management discussions to final announcement, with a specific recommendation from JPMorgan at the end.",
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      "text": "JPMorgan recommends that the Special Committee not determine the final process until after receiving initial bids from management/sponsors",
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      "text": "Market shop transaction. Publicly announce: The Company will seek better offers for its shareholders. Management will stay with the Company for one year post acquisition. The Kerzner's and the acquiring shareholders will support a superior offer. Negotiate superior proposal; existing contract to form basis for negotiations.",
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      "text": "Management team discussing potential buyout transaction with a select group of financial sponsors. Management and the financial sponsors are subject to standstill agreements. Sponsors include Colony Capital, Providence, TPG and Whitehall. Company to provide financial sponsors access to a data room.",
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