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Glossary > B > "Bankmail" Definition

Bankmail

An agreement between a company planning a takeover and a bank whereby the bank is prevented from financing any other potential acquirer"s bid.

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Bankmail - An agreement between a company planning a takeover and a bank whereby the bank is prevented from financing any other potential acquirer"s bid.

Bankmail : an agreement between a company planning a takeover and a bank whereby the bank is prevented from financing any other potential acquirer"s bid.