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  "documentTitle": "Tudor, Pickering, Holt &amp; Co | Investment Banking Pitch Book | 45 slides",
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  "notes": "Includes sensitivity analysis tables for various exchange ratios.",
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      "text": "Source: Management projections and FactSet as of 8/10/2018. Note: AMGP accretion / (dilution) based on SQ AM Management Coverage. After-tax distributions is distribution from entity less attributable qualified dividends and gains on capital taxes. Note: Implied after-tax exchange ratio adjusted for average AM unitholder tax costs as provided by Management (refer to page 71).",
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