It is safe to say that Microsoft has term sheets for many potential targets on file.
可以肯定地说,微软对许多潜在目标都设定了收购条款清单。
英语百科
Term sheet
A term sheet is a bullet-point document outlining the material terms and conditions of a business agreement. After a term sheet has been "executed", it guides legal counsel in the preparation of a proposed "final agreement". It then guides, but is not necessarily binding, as the signatories negotiate, usually with legal counsel, the final terms of their agreement.