I told her people were getting sick of waiting for the merger and asked if she could share anything that wouldnt violate the NDA as to the status of the merger
She responded with 1 sentence and said “we sent the term sheets for signatures”
Term sheets are just that, terms of a deal prior to closing, then the deal goes through closing similar to a house if you have ever bought a house
That was like 5 days ago she told me that
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