Pershing Square
historical perspectives on did not historically operate restaurants the company initially entered the business of operating restaurants only as a defensive measure limited number of restaurants the idea emerged that we should operate a base of ten or so stores as a company this would give us a firm base of income in the event the brothers claimed default on our contract ray founder expansion of units first occurred in the late veteran franchisees were approaching retirement and needed liquidity stock was provided as a tax free exchange for the restaurants some of our operators had tremendous wealth but no money and we were using stock that was trading at times earnings to buy restaurants for seven times earnings turner former president and turner realized in the mid that owning too many units was not in the best interest of the company | Pershing Square
Company
Deck Type
Sector
Industry
Deck date
November 2016
Slide
22 of 79
Related slides by other companies
Hertz
Investor Presentation
October 2020
leading large company leasing business through strictly confidential a industries initiatives and hertz dollar i on total funded units | Hertz
McDonald's
Investor Presentation
June 2023
business model | McDonald's
CAVA
Results
February 2024
results | CAVA
McDonald's
Investor Presentation
December 2023
business model | McDonald's
Other recent decks by Pershing Square
See all presentations (15 decks)
Investor Presentation
February 2024
Investor Presentation
February 2023
Activist
February 2022
Investor Presentation
February 2021
Search Thousands of Presentations by World Leading Companies
Trending:
Addressable Market
Ecosystem
Beauty Market
WACC
NFT
Management Team
Investment Highlights

Stay in the loop

Join our mailing list to stay in the loop with updates and newest feature releases

Presentations

Start Up
IPO
SPAC
M&A
Investor Day
Results
ESG
Credit
Investment Banking

Explore

Presentation Collections
Slide Collections

Company

Blog
Contact us
© 2021-2023 Slidebook.io