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While useful, our precedent transactions on Amazon have limited relevance in this context due to: a) The limited applicability of the analysis to a public

While useful, our precedent transactions on Amazon have limited relevance in this context due to:

a) The limited applicability of the analysis to a public ally traded company

b) Amazon's size and diversity of business segments

c) Our utilization of revenue multiples in the analysis

d) LTM earnings being utilized in the analysis (as opposed to forwarding earnings)

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