Yellow Knight
A company that was once making a takeover attempt but ends up discussing a merger with the target company. Investopedia Says:
The implication is that the company attempting the takeover has chickened out, deciding to discuss things instead of making an aggressive move. Related Terms:
Black Knight
Dawn Raid
Gray Knight
Hostile Takeover
Lady Macbeth Strategy
Lobster Trap
People Pill
Sleeping Beauty
Target Firm
White Knight |