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Finance Dictionary and Glossary of Investment Terms
Bankmail
Definition 1.
An agreement between a company engaged in a takeover bid and a bank that the bank will not finance the bid of another acquirer.
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Definition 2.
An agreement between a company planning a takeover and a bank whereby the bank is prevented from financing any other potential acquirer's bid.
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Definition 3.
A bank's agreement with a company attempting a takeover not to finance any other potential acquirer's bid.
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