A commission source confirmed the basic outlines of the deal, and said investigators still had the information they need to proceed. (politico.com)
After final legal documents have been drawn up, the term sheet can provide a handy shortcut to quickly catch up new investors to the terms of the raise — spending a couple minutes reviewing a short outline of the deal as opposed to potentially hundreds of pages of legal documents. (seedinvest.com)
And, despite months of wrangling, the price remains largely where it was when the broad outlines of the deal were struck almost two months ago. (recode.net)