White Knight

Knowledge Center

• About
• Home
• Dictionary
• Encyclopedia
• Question?
• Views

• Register
• Log in
• Help

• Change & Organization
• Communication & Skills
• Decision-making & Valuation
• Ethics & Responsibility
• Finance & Investing
• HRM
• Knowledge & Intangibles
• Leadership
• Marketing
• Program & Project
• Strategy
• Supply Chain & Quality

Description of White Knight. Explanation.

Definition White Knight. Description.

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

The White Knight Squire Defense is an Anti Hostile Takeover Mechanism.

White Squire

A variant of a white knight is the white squire, which only exercises a significant minority stake, as opposed to a majority stake.

A white squire doesn't have the intention, but rather serves as a figurehead in defense of a hostile takeover.

The white squire may often also get special voting rights for their equity stake.

White Knight Forum   White Knight Cases and Examples Hi, do you know of a remarkable case or an interesting example of a white knight in a corporate takeover? Please share it by entering a reaction. Thanks for contributing...!...         Begin a new topic

White Knight Special Interest Group Special Interest Group

Best Practices - White Knight Premium

Expert Tips - White Knight Premium

Resources - White Knight Premium   News White Knight         Videos White Knight         Presentations White Knight         More White Knight

Compare with: Acquisition Integration Approaches  |  Grey Knight  |  Friendly Takeover  |  Crown Jewel Defense

Return to Management Hub: Finance & Investing

More on Management  |  Return to Management Dictionary  | 

This ends our White Knight summary and forum.