anlak storytelling
All kinds
Document kinds
Loading document kinds...

Primary corpus lens for browsing and insights. Selection lives in the URL.

All formats
Orientation
Loading formats...

Landscape, portrait, square, or unknown document geometry.

Unlock
slides · global inventory

Callout

Component collection for the active corpus filters, with each row opening the slide detail view.

Search Insights JSON Unlock
Matching slides 96,741
Current window 11,791-11,820
Pages 3,225
Rows per page 30
Component: Calloutclear collectionreset all
18 30 60

Component

11,791-11,820 of 96,741

filter-aware
11
The slide uses a 'Pershing Square' logo in the top left corner. The data is based on 30-day average trailing prices as of 11/11/05.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor Beat · Problem & Complication2 hits
14
The slide uses an org-chart style diagram to illustrate the business structure and highlights a specific accounting/operational critique regarding transfer pricing.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor Beat · Problem & Complication2 hits
18
Includes specific arrows pointing to inter-company eliminations and rent/fee adjustments.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor Beat · Evidence & Proof2 hits
20
The slide highlights the resilience of the Real Estate and Franchise segment compared to the core McOpCo business.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor Beat · Evidence & Proof2 hits
23
The slide uses a quote to frame the argument that owner-operators are more efficient than corporate managers.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor 2 hits
25
The slide details the mechanics of a capital allocation strategy involving debt issuance and share repurchases.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor Beat · Solution & Approach2 hits
33
Part of Pershing Square's proposal for a McOpCo IPO.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor 2 hits
48
The slide uses a yellow callout box to emphasize the central point of contention.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor 2 hits
51
The slide uses a 'Memo' table to derive the FCF per share used in the main sensitivity table.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor 2 hits
56
Includes a section divider box in the top left corner.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor 2 hits
70
The slide includes a specific assumption regarding the allocation of G&A (75% to Real Estate/Franchise, 25% to McOpCo).McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor 2 hits
73
The slide includes a yellow callout box explaining the derivation of Free Cash Flows and the impact of proceeds from closures.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor 2 hits
37
The slide uses a comparison framework to contrast current issues with the benefits of the proposed spin-off.McDonald's Corporation (MCD) · Pershing Square Capital Management
Activist deck Activist investor Beat · Solution2 hits
40
Includes a callout box explaining the underlying EBITDA assumptions and the resulting stock price range.McDonald's Corporation (MCD) · Pershing Square Capital Management
Activist deck Activist investor Beat · SolutionLoop · Mece Breakdown2 hits
53
The slide explicitly states the assumption that no incremental debt is issued post 9/30/2005.McDonald's Corporation (MCD) · Pershing Square Capital Management
Activist deck Activist investor 2 hits
21
Target Corporation (TGT)Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Evidence & ProofLoop · Aha Moment2 hits
31
Includes a callout box highlighting $9.2bn of total debt paydown.Target Corporation (TGT) · William Ackman
Activist deck Activist investor Beat · Evidence & Proof2 hits
47
Target Corporation (TGT)Target Corporation (TGT) · William Ackman
Activist deck Activist investor 2 hits
55
The table displays a 20-year DCF model summary with specific assumptions for discount rates and cap rates.Target Corporation (TGT) · William Ackman
Activist deck Activist investor 2 hits
03
The slide uses a historical context to set up a turnaround narrative.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Problem2 hits
05
Uses a before-after framework to illustrate a corporate turnaround.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Market Size2 hits
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 2 hits
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 2 hits
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 · Product2 hits
17
The table uses a standard EBITDA multiple valuation approach.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor Beat · Solution2 hits
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 · Solution2 hits
21
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 · Solution2 hits
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 2 hits
26
Wendy's International (WEN)Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 2 hits
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 2 hits