{
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  "docSlug": "jarvis-10-ibd-presentation-2012-taro-pharmaceutical-industries-citigroup",
  "documentTitle": "10 IBD presentation 2012 Taro Pharmaceutical Industries Citigroup",
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  "presentationDate": "2012-01-01 00:00:00",
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  "pageNumber": 17,
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  "notes": "Includes data on price bumps, offer premiums, and transaction duration.",
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      "kind": "chart",
      "text": "Initial Offer Premia to Undisturbed, Final Offer Premia to Undisturbed, and Increase from Initial to Final Offer",
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      "text": "53 completed minority squeeze-out transactions since 2000; ~94% experienced at least one 'price-bump'; On average, ~2.3 price-bumps per transaction; Average increase ~17.2%; Average duration ~69 days",
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      "text": "Sun Pharma Proposed Transaction: $39.50 per share offer price; 3 price-bumps; 61.2% increase from initial to final offer; 295 days from initial to final offer",
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      "text": "Source: SDC and public filings. (1) Represents median premium based upon undisturbed prices. (2) Represents premium to average share price for respective period. (3) Represents median increase from initial to final offer.",
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      "kind": "title",
      "text": "Precedent Minority Squeeze-out Transactions",
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