What are the major milestones of a deal? I know it varies by firm, but I'm wondering:
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When does the LBO get made? After the first pitch to the deal team I'm assuming? How many weeks before bidding is the LBO made?
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What happens in the last few days leading up to the bid/buy?
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What do you call major presentations of findings along the way? I only know consulting lingo like "final read-out" or "interim update" but I feel like I want to get a better grasp on PE jargon.
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