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  "documentTitle": "Baird | Investment Banking Pitch Book | 79 slides",
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  "presentationDate": "2018-10-01 00:00:00",
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  "notes": "The slide outlines the specific exchange ratios, tax treatment, and corporate reorganization steps.",
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      "text": "(1) Based on 20-day VWAP as of October 5, 2018. (2) Subject to the cash and equity election provisions, pursuant to the Agreement.",
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      "text": "Ancillary Deal Points: Reorganization as Delaware C-corp; cancellation of IDRs; exchange of Series B units for AMGP Corp shares.",
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      "text": "Tax Implications: Transaction is taxable to AM holders; AMGP benefits from step-up in basis; AR uses NOL offset; Public holders receive additional cash compensation.",
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      "text": "PROPOSED TRANSACTION DETAILS",
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