Twenty-seven percent of the McDonald's system is operated by the parent company. If we can make that 27 percent operate more entrepreneurially, that increases I think the overall success of the whole system.

194

We want to unlock significant shareholder value. What we're trying to do is help the company reconfigure itself.

192

I think McDonald's is doing the right thing and we fully support it.

171

I don't think we're going to get the instant value that we would have from the spin-off, but we'll get it over the long term and that's just fine.

164

We're getting pretty much everything we asked for.

137

Sometimes when you mix a fabulous business with a more mundane one, the market values it as a more mundane business. And literally just separating the two enables the market to understand the values.

117

We got pretty much everything we wanted except for the spin-off.

96