White-Shoe Firm
A slang term for a broker-dealer firm that is strongly against hostile takeover practices. Investopedia Says:
The white-shoe firm's name is derived from the white buck shoes that were a fashion requirement within elite social organizations in the 1950s. Related Terms:
Black Knight
Broker-Dealer
Hostile Takeovers
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Safe Harbor
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Shark Repellent
Shark Watcher
White Knight
White Squire |