Bankmail Engagement

Description of Bankmail Engagement. Explanation.

Definition Bankmail Engagement. Description.

A Bankmail Engagement is an anti-hostile takeover arrangement whereby the bank of a target firm agrees to refuse to finance another acquirer's bid.

A Bankmail Agreement is meant to stop other potential acquirers from receiving similar financing arrangements.

Compare with: Anti Hostile Takeover Mechanisms

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End of description Bankmail Engagement. An explanation.