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  "documentTitle": "Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 77 slides",
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  "notes": "The slide presents a detailed DCF-style calculation including tax basis adjustments, dividend breakdown, and terminal value analysis.",
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      "text": "AM current price of $29.44. Cash consideration used to pay all taxes; any additional cash available assumed to purchase secondary shares",
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      "text": "6% Terminal Yield Value | Unadjusted Exchange Ratio | Downside Case",
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      "text": "Source: Management projections and FactSet as of 10/3/2018. (1) Inclusive of Federal & State capital gains taxes.",
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      "text": "PF AMGP After Tax Cash Flow",
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