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Bankmail

   Also found in: Wikipedia 0.09 sec.
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.

Notes:
Bankmail agreements are meant to stop other potential acquirers from receiving similar financing arrangements.

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.
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