Bankmail agreements are meant to stop other potential acquirers from receiving similar financing arrangements.
Investment dictionary. Academic. 2012.
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Bankmail — In a bankmail engagement, the bank of a target firm refuses financing options to firms with takeover bids. This takeover tool serves multiple purposes, which include 1) thwarting merger acquisition through financial restrictions, 2) increasing… … Wikipedia
bankmail — An agreement between a company engaged in a takeover bid and a bank that the bank will not finance the bid of another acquirer. Bloomberg Financial Dictionary … Financial and business terms
bankmail — Fin an agreement by a bank not to finance any rival’s attempt to take over the same company that a particular customer is trying to buy … The ultimate business dictionary
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