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  "documentTitle": "Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 60 slides",
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      "text": "Pre - Unitholder Tax | SQ AM & PF AMGP | AR Base Case & AR Downside Volumes Case",
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      "text": "Assumptions: Management projections | Valuation date as of 12/31/18. Future share price calculated at FY1 distributions divided by yield. Discounted to 12/31/18 at 10% cost of equity.",
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