Definition of white knight in English English dictionary
An individual or corporation that intends to acquire another company in order to avert a hostile takeover
A company that rescues another in financial difficulty, especially one which saves a company from an unwelcome takeover bid
A white knight is a person or an organization that rescues a company from difficulties such as financial problems or an unwelcome takeover bid. a white-knight bid. a person or company that puts money into a business in order to save it from being controlled by another company
A company which rescues another which is in financial difficulty, especially one which saves a company from an unwelcome takeover bid
a takeover bidder emerging after a hostile bid has been made, usually offering alternative bid terms that are more favourable to the defending management
A friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor
A company that is friendly to the takeover target It intercedes to offer better terms or a better price For more on this topic see the Cash Flow strategy