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Posted On: 05/28/2019 5:47:25 PM
Post# of 72441
Obviously none of us knows what kind of deal is in the making.I'm assuming either the licensing of an asset or sale of an asset or a partnership.
The latest PR referred to the term "Definitive Agreement" so I'm throwing this post out there for any with a banking/legal background to chime in.
Usually by the time a Term Sheet is signed,much of the DD has already been completed which took most of the time involved.
As suggested by the article,arriving at a "Definitive Agreement" could happen rather quickly (30-60 days) if I'm reading it correctly.
Hopefuly we'll get some educated opinions on it.(From RELIABLE POSTERS)
Kelt
The latest PR referred to the term "Definitive Agreement" so I'm throwing this post out there for any with a banking/legal background to chime in.
Usually by the time a Term Sheet is signed,much of the DD has already been completed which took most of the time involved.
As suggested by the article,arriving at a "Definitive Agreement" could happen rather quickly (30-60 days) if I'm reading it correctly.
Hopefuly we'll get some educated opinions on it.(From RELIABLE POSTERS)
Kelt
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