DEFINITION of '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 arrangements.

  1. Acquisition

    A corporate action in which a company buys most, if not all, ...
  2. Takeover

    A corporate action where an acquiring company makes a bid for ...
  3. Whitemail

    A strategy that a takeover target uses to try and thwart an undesired ...
  4. Macaroni Defense

    An approach taken by a company that does not want to be taken ...
  5. Greenmail

    An antitakeover measure that arises when a large block of stock ...
  6. Skinny Down Distribution

    Skinny down distribution is corporate practice of slimming down ...
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  1. How long does it take to execute an M&A deal?

    Even the simplest merger and acquisition (M&A) deals are challenging. It takes a lot for two previously independent enterprises ... Read Full Answer >>
  2. What are some common accretive transactions?

    The term "accretive" is most often used in reference to mergers and acquisitions (M&A). It refers to a transaction that ... Read Full Answer >>
  3. What are some ways to make a distribution channel more efficient?

    While there are many ways to make a distribution channel more efficient, the three high-level ways to increase the efficiency ... Read Full Answer >>
  4. How is a tender offer used by an individual, group or company seeking to purchase ...

    A tender offer is made directly to shareholders in a publicly traded company to gain enough shares to force a sale of the ... Read Full Answer >>
  5. How does a company record profits using the equity method?

    A company that invests in another company and has majority control of it would record profits using the equity method. This ... Read Full Answer >>
  6. How does horizontal integration allow companies to share resources?

    In a horizontal integration, a company either acquires another company or merges with that company. This allows the resulting ... Read Full Answer >>

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