White Knight

Description of White Knight. Explanation.

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.

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

Return to Management Hub: Finance & Investing

More on Management  |  Return to Management Dictionary  | 

End of description White Knight. An explanation.