White Knight
A company that makes a friendly takeover offer to a target company that is being faced with a hostile takeover from a separate party. Investopedia Says:
The knight in shining armor gallops to the rescue! Related Terms:
Black Knight
Dawn Raid
Gray Knight
Hostile Takeover
Lady Macbeth Strategy
Shark Repellent
Sleeping Beauty
White Squire
White-Shoe Firm
Yellow Knight |