Bankmail

{{Distinguish|Blackmail}}{{Context||details=|date=February 2021}}

In a bankmail agreement, a company engaged in a takeover bid, or a bid made by one company to purchase another, makes an agreement with a bank saying that the bank would only finance their possible bid, and not that of a rival attempt to acquire the takeover target.{{cite web |title=Bankmail Definition |url=https://www.nasdaq.com/glossary/b/bankmail |website=Nasdaq.com |publisher=Nasdaq |access-date=22 August 2021}}