February 2016 Corporate Development Peer Group Meeting

Mission Hills Country Club

5400 Mission Dr, Mission Hills, KS

John Hense will be presenting an updated version of his relative value presentation we started last year but did not finish.  Given all the upheaval in the markets and the seemingly lagging global and U.S. economy, we should always be thinking about how valuations are being impacted.  While John may present something different, valuations seem to have remained high despite all these headwinds.  That alone should lead to some interesting discussion around this topic.