Grey Knight

Knowledge Center





Description of Grey Knight. Explanation.

 

Definition Grey Knight. Description.


A Grey Knight (GK) is a potential acquirer who outbids a White Knight in an Hostile Takeover. Unlike a White Knight, a GK is not invited to acquire the company. But he is still seen as a better alternative than the hostile bidder (the Black Knight).


It is a possible buyer of a company who takes advantage of problems between the target company and another (initial) possible buyer in order to take control of the company.


Typically a gray knight watches the process and interactions between an initial, first bidding company and the target firm and waits for any problematic issue(s) to arise. If they do, the gray knight comes forward and tries to take advantage of the problem(s) between the two initial parties. The gray knight is neither to be considered as an (unfriendly) black knight that is pursuing a hostile takeover nor as a (friendly) white knight that is working closely with the board of directors and management of the target company to reach a fair purchase price.


Special Interest Group - Grey Knight


Special Interest Group (3 members)


Forum - Grey Knight  

In this forum you will find recent interesting discussions.


Hot Cases of Grey Knights. Examples
Hi, do you know of a remarkable case or famous example in wh...
 
 
 
 

Best Practices - Grey Knight

Here you will find the most valuable discussions from the past.



Expert Tips - Grey Knight

Here you will find high-quality advice from experts.



Resources - Grey Knight

Here you will find powerpoint presentations, micro-learning videos and further information sources.


 

News about Grey Knight


     
 

Videos about Grey Knight


     
 

Presentations about Grey Knight


     
 

Books about Grey Knight


     
 

More about Grey Knight


     

Compare with: Mergers and Acquisitions  |  Leveraged Buy-Out  |  Management Buy-out  |  Acquisition Integration Approaches

Special Interest Group Leader

You here? Sign up for free


 
 

Return to Management Hub: Finance & Investing  |  Strategy


More on Management  |  Return to Management Dictionary  | 

 

This ends our Grey Knight summary and forum.



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.2 - Last updated: 17-11-2019. All names of their owners.