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frrol

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frrol

Re: Pipilongstocking post# 240729

Thursday, 09/13/2018 10:24:38 AM

Thursday, September 13, 2018 10:24:38 AM

Post# of 403043
It's a "big deal" in banking too. You rely on that to pay for DD, attorney drafts, etc. But it is not a "done deal." Roughly 20-25% of term sheets in banking are dropped. I have no idea what it is for biotech.
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