Matching slides 79,264
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71,731-71,760 of 79,264

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The slide uses a comparison frame to highlight valuation arbitrage potential.Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Problem & Complication1 hit
10
Uses a waterfall-style bridge to illustrate the value creation of a corporate spin-off.Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Solution & ApproachLoop · Logic Chain1 hit
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The slide uses a table to bridge the standalone cash flow impact to the post-transaction impact, highlighting a net positive of $484mm.Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Solution & ApproachLoop · Logic Chain1 hit
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The slide uses a table to project credit metrics and ratings from 2008E to 2011E.Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Solution & ApproachLoop · Logic Chain1 hit
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Target Corporation (TGT)Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Solution & ApproachLoop · Logic Chain1 hit
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Target Corporation (TGT)Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Solution & ApproachLoop · Logic Chain1 hit
17
The slide highlights TIP REIT's position within the S&P 500 by market cap and its competitive dividend yield among S&P 100 non-financials.Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Solution & ApproachLoop · Logic Chain1 hit
27
The slide details a specific financial restructuring plan involving asset divestiture and debt repayment.Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Evidence & Proof1 hit
28
The slide details specific financial mechanics for a spin-off and tax-related dividend strategy.Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Evidence & Proof1 hit
06
The slide uses a causal link between strategic initiatives and stock price performance.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
07
The slide uses a historical precedent to frame Wendy's current situation as a turnaround opportunity similar to McDonald's past.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
09
Slide 8 of a presentation, likely an investor deck.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
10
The slide uses a line chart to visualize stock price volatility alongside annotated key events.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
11
The chart separates Wendy's (labeled 'Standalone Unfixed') from the peer group with a dotted line.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
12
The slide uses a clear contrast between the underperforming subject (Wendy's) and the peer group.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
15
The slide uses a before-after bridge to reclassify EBITDA, highlighting the shift from OpCo-heavy to Brand-heavy profitability.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Product1 hit
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Wendy's International (WEN)Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Solution1 hit
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The table uses a standard EBITDA multiple valuation approach.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Solution1 hit
18
The median price of $1.403mm is highlighted with a dashed circle.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Solution1 hit
19
The slide uses a bottom-up approach to value fee simple units and building-only units, then adjusts for tax basis and compares to total enterprise value.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Solution1 hit
20
The slide uses a before-after table to demonstrate the impact of a 400bps margin improvement on Adjusted EBITDA.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Solution1 hit
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The table uses EBITDA multiples to derive enterprise value, then subtracts net debt to arrive at equity value per share.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Solution1 hit
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Wendy's International (WEN)Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
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Slide 23 of a presentation deck.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
25
The slide highlights the discrepancy between Wendy's trading multiple and the multiple paid for Triarc.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
26
Wendy's International (WEN)Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
27
Includes footnotes 1-4 detailing EBITDA adjustments and share calculations.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
28
The chart highlights the valuation uplift potential for Wendy's when combined with Arby's, assuming cost savings are realized.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
29
Includes two sensitivity tables with highlighted rows for the $160mm cost savings scenario.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
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Wendy's International (WEN)Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit