Black Knight
A company that makes a hostile takeover offer on a target company. Investopedia Says:
An allusion to the fairytale villains, this term demonstrates how a targeted company sees its adversary. Fairytale black knights are associated with kidnapping princesses, slaying peasants, burning villages, and generally having unpleasant personalities. Related Terms:
Crown Jewels
Gray Knight
Hostile Takeover
Lady Macbeth Strategy
Shark Repellent
Sleeping Beauty
Takeover
Target Firm
White Knight
Yellow Knight |