In the event the sell-side adviser is providing a staple financing, at what point does the staple financing team typically begin conducting due diligence on the target?

In the event the sell-side adviser is providing a staple financing, at what point does the staple financing team typically begin conducting due diligence on the target? 




A) Prior to process launch
B) Upon receipt of first round bids
C) At the management presentations
D) During the staple financing marketing period






Answer: A