[oneloop]

Probably. I'd imagine that's why Theranos will insist part of the deal is that the exact terms will never be disclosed.

[FireBeyond]

Their other investors will be entitled to the balance sheets as is. They can't just say "and an undisclosed sum to [prior investor]" and redact their balance and liabilities.

To the public, yes.

[oneloop]

Hah good point. So Theranos is literally fighting for their lives, because if one investor gets 25% of their money back, all the other investors will want the same.