Bankmail
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bank’s agreement with a company involved in a Takeover not to finance another acquirer’s bid.
| Banker’s Year, Banker’s Acceptance | |
| Bankruptcy, Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 |
Investopedia Financial Dictionary:
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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.
Investopedia Says:
Bankmail agreements are meant to stop other potential acquirers from receiving similar financing arrangements.
Related Links:
Learn what corporate restructuring is, why companies do it and why it sometimes doesn't work. The Basics Of Mergers And Acquisitions
In the dramatic world of M&As, battleground terms meld with bizarre metaphors to form the language of the game.
Mergers And Acquisitions: Understanding Takeovers
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Barron's Finance & Investment Dictionary
Dictionary of Finance and Investment Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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