 | This provides insufficient context for those unfamiliar with the subject. (February 2021) |
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
- ^ "Bankmail Definition". Nasdaq.com. Nasdaq. Retrieved 22 August 2021.
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