bankmail

An agreement between a company engaged in a takeover bid and a bank that the bank will not finance the bid of another acquirer. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

  • Bankmail — In a bankmail engagement, the bank of a target firm refuses financing options to firms with takeover bids. This takeover tool serves multiple purposes, which include 1) thwarting merger acquisition through financial restrictions, 2) increasing… …   Wikipedia

  • Bankmail — An agreement made between a company planning a takeover and a bank, which prevents the bank from financing any other potential acquirer s bid. Bankmail agreements are meant to stop other potential acquirers from receiving similar financing… …   Investment dictionary

  • bankmail — Fin an agreement by a bank not to finance any rival’s attempt to take over the same company that a particular customer is trying to buy …   The ultimate business dictionary

  • Takeover — This article is about the business term. For Takeover, see Takeover (disambiguation). For the science fiction series, see Hostile Takeover Trilogy . In business, a takeover is the purchase of one company (the target) by another (the acquirer, or… …   Wikipedia

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