Bankmail

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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

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  1. ^ Page Module:Citation/CS1/styles.css has no content."Bankmail Definition". Nasdaq.com. Nasdaq. Retrieved 22 August 2021.

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