Contrarian Corpus
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Callouts & quotes from 41+ activist slides

Every emphasised callout and every pulled quote, extracted slide-by-slide. Search by keyword, filter by slide type or by source.

Showing 1–41 of 41 matching "spinoff"
callout before after

"On the date of Pershing Square's exit, GGP, including a shareholder's interest in the Howard Hughes and Rouse spinoffs, traded at more than 100 times the price at which we first began accumulating our position in November 2008"

Unknown · p. 72
callout before after

"On the date of Pershing Square’s exit, GGP, including a shareholder’s interest in the Howard Hughes and Rouse spinoffs, traded at more than 100 times the price at which we first began accumulating our position in November 2008"

callout before after

"On the date of Pershing Square's exit, GGP, including a shareholder's interest in the Howard Hughes and Rouse spinoffs, traded at more than 100 times the price at which we first began accumulating our position in November 2008"

Unknown · p. 72
callout demand list

"Immediately start exploring all strategic alternatives for Parkland, including evaluating the sale or spinoff of non-core assets with the goal of becoming a more focused fuel and convenience retailer."

Parkland Corporation · PKI Engine Capital · p. 3
callout kpi overview

"Since the spinoff from GGP in November 2010 and from our average cost basis prior to the position being made public, The Howard Hughes Corporation's share price has increased 296%"

Unknown · p. 36
callout sop buildup

"If Darden can realize just $65-90 million of our expected $271 million in cost reductions, we believe it can ensure that an SRG spinoff will not put its credit rating in jeopardy."

Darden Restaurants, Inc. · DRI Starboard Value · p. 283
callout sop buildup

"If Darden can realize just $65-90 million of our expected $271 million in cost reductions, we believe it can ensure that an SRG spinoff will not put its credit rating in jeopardy."

Darden Restaurants, Inc. · DRI Starboard Value · p. 283
callout kpi overview

"Since the spinoff from GGP in November 2010 and from our average cost basis prior to the position being made public, The Howard Hughes Corporation's share price has increased 296%"

callout thesis headline

"Recent favorable market trends (ACA) and corporate events (Dealer Services spinoff plus leverage) have driven satisfactory overall results for ADP, but these tailwinds are fading"

callout thesis headline

"In addition to substantial value creation from our operational improvement plan, we believe a real estate separation and a spinoff of SRG would both create value"

Darden Restaurants, Inc. · DRI Starboard Value · p. 11
callout transition

"A real estate separation and an SRG spinoff would create substantial shareholder value while enabling Darden to maintain its investment grade rating and dividend"

Darden Restaurants, Inc. · DRI Starboard Value · p. 271
callout thesis headline

"In addition to substantial value creation from our operational improvement plan, we believe a real estate separation and a spinoff of SRG would both create value"

Darden Restaurants, Inc. · DRI Starboard Value · p. 11
callout transition

"A real estate separation and an SRG spinoff would create substantial shareholder value while enabling Darden to maintain its investment grade rating and dividend"

Darden Restaurants, Inc. · DRI Starboard Value · p. 271
callout peer gap

"Spruce Point believes that ROAD is overvalued and that its closest peer is a recent spinoff from MDU Resources (NYSE: MDU) named Knife River Corp. (NYSE: KNF)."

Construction Partners, Inc. · ROAD Spruce Point Capital · p. 65
callout before after

"APD’s share price including dividends and the spinoff of Versum increased by 76% from our average cost at announcement date to January 20, 2017"

Unknown · p. 29
callout timeline

"APD’s share price including dividends and the spinoff of Versum increased by 76% from our average cost at announcement date to January 20, 2017"

Unknown · p. 29
callout timeline

"APD’s share price including dividends and the spinoff of Versum increased by 67% from our average cost at announcement date to April 18, 2017"

Unknown · p. 24
callout kpi overview

"As of January 20, 2017, HHC’s share price increased 190% (2.90x) since the spinoff from GGP in November 2010"

Unknown · p. 39
callout kpi overview

"As of January 20, 2017, HHC’s share price increased 190% (2.90x) since the spinoff from GGP in November 2010"

Unknown · p. 39
callout kpi overview

"Since the spinoff from GGP in November 2010, The Howard Hughes Corporation’s share price has increased 219%"

Unknown · p. 60
callout kpi overview

"Since the spinoff from GGP in November 2010, The Howard Hughes Corporation’s share price has increased 219%"

Unknown · p. 60
callout timeline

"As of April 18, 2017, HHC’s share price increased 234% (3.34x) since the spinoff from GGP in November 2010"

Unknown · p. 42
callout sop buildup

"Combined with the $350 million portfolio sale, a REIT spinoff would improve Darden's key credit metrics"

Darden Restaurants, Inc. · DRI Starboard Value · p. 279
callout sop buildup

"Combined with the $350 million portfolio sale, a REIT spinoff would improve Darden's key credit metrics"

Darden Restaurants, Inc. · DRI Starboard Value · p. 279
callout kpi overview

"HHC’s share price has increased 250% (3.5x) from the November 2010 spinoff from GGP to January 19, 2018"

Unknown · p. 38
callout villain critique

"We fear management's current plan to spinoff Red Lobster is reactionary and lacking integrity."

Darden Restaurants, Inc. · DRI Starboard Value · p. 56
callout other

"We would expect to complete an SRG spinoff 12 – 18 months after the Annual Meeting, or sooner"

Darden Restaurants, Inc. · DRI Starboard Value · p. 282
callout demand list

"We would expect to complete an SRG spinoff 12 – 18 months after the Annual Meeting, or sooner"

Darden Restaurants, Inc. · DRI Starboard Value · p. 282
callout before after

"Operating expense has INCREASED since spinoff despite multiple restructuring initiatives"

GCP Applied Technologies · GCP Starboard Value · p. 30
callout other

"APD’s share price including dividends and the spinoff of Versum increased 24% in 2016"

Unknown · p. 28
callout other

"APD's share price including dividends and the spinoff of Versum increased 24% in 2016"

Unknown · p. 28
callout process diagram

"GCP had enviable products and was well positioned to succeed at the time of spinoff."

GCP Applied Technologies · GCP Starboard Value · p. 5