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  "documentTitle": "Greenhill Wesco Financial Presentation Dec 2010",
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  "notes": "Includes regression equation and R-squared value. Wesco is explicitly called out as an outlier above the regression line.",
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      "kind": "callout",
      "text": "Wesco trades at a significant premium to its regression-implied price-to-book value multiple",
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      "text": "Wesco Unaffected Price (1) Operating ROAE = 3.4% Price-to-Book 0.92x Regression-Implied 0.45x",
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      "text": "(1) Represents Wesco's unaffected return on equity and price-to-book value multiple as of 8/25/2010... Source: FactSet, SNL, Company filings",
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