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Bankmail

Topic: Finance

 From HandWiki - Reading time: 1 min

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

See also

References

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




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