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  "documentTitle": "28 IBD presentation 2013 Asiainfo Linkage Inc Goldman Sachs 1",
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      "text": "Levered Recap Alternative: Aurora uses net proceeds from incremental debt offering for share repurchase (e.g. tender offer); Reduces shares outstanding, which is accretive to EPS; Repurchase may mitigate impact of selling by arbitrage investors.",
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      "text": "Potential risk that Aurora would no longer be able to defer tax expenses in its financials for income earned outside of the U.S. (based on Accounting Principles Board Opinion No. 23) and would need to book a deferred tax liability.",
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