Contrarian Corpus
Trian Partners vs. Lazard Ltd

Lazard Ltd · LAZ

1 deck published between 2012-06-18 and 2012-06-18 — 39 pages, 39 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2012-06-18 initial thesis

    2012 06 Trian Lazard Presentation Jun 2012

    39pp · full_deck

    Lazard's premier advisory and asset-management franchise trades at a discount; executing the April 2012 plan to 25%+ margins, disciplined capital return, and stronger governance can nearly double the stock to ~$51.