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  "documentTitle": "Baird | Investment Banking Pitch Book | 29 slides",
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  "presentationDate": "2018-07-01 00:00:00",
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  "notes": "The chart compares two scenarios side-by-side using line graphs with data labels.",
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      "kind": "chart",
      "text": "Line chart showing cash flow percentages for AM, AMGP, and Series B under Status Quo and Pro Forma scenarios from 2019-2022.",
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      "text": "Percentage of total pro forma cash flow received over time",
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      "text": "Source: Antero management projections. Note: Assumes AMGP purchases 100% of AM public units with 100% equity at a 1.600x exchange ratio; AMGP issues 299.3 million shares to current AM unitholders. Also assumes that AMGP issues 18.5 million shares in exchange for 100% of the Series B units.",
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      "text": "CASH FLOW BREAKOUT OVER TIME",
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      "evidence": "The document analyzes the impacts of modifying the exchange ratio and adding a cash component.",
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