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White Knight |
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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 |
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End of description White Knight. An explanation. |
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