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  "documentTitle": "Tudor, Pickering, Holt &amp; Co | Investment Banking Pitch Book | 122 slides",
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  "authorName": "Tudor Pickering Holt",
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  "notes": "Includes two line charts showing accretion/dilution trends and two tables showing sensitivity analysis at different cash consideration levels.",
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      "text": "Source: Management projections and FactSet as of 8/10/2018. (1) Assumes that cash consideration is used to pay taxes.",
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      "text": "After-Tax Distribution Accretion / (Dilution)",
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      "text": "At 1.710x Exchange Ratio and Various Cash Considerations | AR Downside Volumes Case",
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