Pershing Square
of our initial proposal there have been several of our initial proposal which we believe need to be cleared up our initial proposal did not provide for the sale of any real estate by put franchisees in danger of having a new landlord involve the creation of a reit require a real estate financing to create significant value hinge on a leveraged share as its primary method of value creation our initial proposal did assume significant value would be unlocked once was and investors had access to transparent for brand demonstrating that it is fundamentally not a restaurant company | Pershing Square
Company
Deck Type
Sector
Industry
Deck date
January 2006
Slide
25 of 58
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