Bankmail

From Handwiki

In a bankmail agreement, a company engaged in a takeover bid makes an agreement with a bank that the bank would only finance their possible bid, and not that of a rival attempt to acquire the takeover target.[1]

See also

  • Mergers and acquisitions
  • Takeover

References

  1. "Bankmail Definition". Nasdaq. https://www.nasdaq.com/glossary/b/bankmail. 




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Categories: [Corporate finance]


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