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

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.

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

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.

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

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.

We think resources are not allocated efficiently today because this business is not independent. There is just no way to argue against transparency.

We’re getting pretty much everything we asked for.