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White Knight

Description of White Knight. Explanation.




  

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Definition White Knight. Description.

 

A White Knight is a friendly party in a takeover, which "saves" the target company from being controlled by an unfriendly aggressor by acquiring a substantial number of shares in the company.


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Compare with: Acquisition Integration Approaches  |  Gray Knight  |  Friendly Takeover  |  Anti Hostile Takeover Mechanisms  |  Crown Jewel Defense

 

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End of description White Knight. An explanation.

 

 

Copyright 2009 12manage - The Executive Fast Track. V10.4 - Last updated: 22-11-2009. All names tm by their owners.