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White knight (business) - Definition and Overview |
| Related Words: Acting, Action, Activism, Activity, Affair, Allegiance, Area, Art, Buffoonery, Burden, Calling, Career, Cartel |
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In business, a white knight refers to a potential acquirer (i.e., a firm that wishes to acquire ownership of another firm). The intention of the acquisition is to circumvent the hostile takeover of the target firm by a third firm, which is perceived to be less favorable.
For example, if Company A (acquirer) is trying to acquire ownership of Company T (target) in order to stop Company H (hostile firm) from acquiring ownership of Company T, then Company A would be acting as the white knight.
See also
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Example Usage of (business) |
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SilviaFloresS: RT @tweetmeme GM to shut down Saturn business | Mexico Executive Search | Jose Ruiz http://bit.ly/2IqLJ4 |
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MissChezLee: Teaser for upcoming video by Page for "Business Etiquette" http://bit.ly/8ehlCH @ HipHopRewind.Com |
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uk_carpets: http://is.gd/5kdc0 - Business listed for Carpet And Rug Shops near the Clevedon area |
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