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Jan 18, 2024 · A white knight is a defense strategy used by a target firm that doesn't want to be acquired in a hostile takeover. Rather, it seeks out a white knight—a friendly individual or corporation that...
A white knight is a mythological figure and literary stock character. They are portrayed alongside a black knight as diametric opposites. A white knight usually represents a heroic warrior fighting against evil, with the role in medieval literature being represented by a knight-errant . Mythology.
Sep 20, 2023 · The term white knight is a slang term commonly used online to describe men who excessively defend women, even when it is unnecessary or unwarranted. It can also refer to men who defend women with the expectation of receiving romantic or sexual favors in return.
a person or organization that saves a company from financial difficulties or from an unwanted takeover (= a situation in which a company gets control of another company) by putting money into the company or by buying it: The board decided to file for bankruptcy and seek a white knight.
white knight. noun. Synonyms of white knight. 1. : one that comes to the rescue of another. especially : a corporation invited to buy out a second corporation in order to prevent an undesired takeover by a third. 2. : one that champions a cause. Synonyms. advocate. advocator. apostle. backer. booster. champion. espouser. exponent. expounder.
May 24, 2024 · A “white knight” is an investor who helps a company by purchasing it at a fair price with the approval of the company’s Board of Directors or top-level management. This prevents other potential buyers from taking over the company or attempting a hostile takeover that could lead to bankruptcy.
a person or organization that saves a company from financial difficulties or from an unwanted takeover (= a situation in which a company gets control of another company) by putting money into the company or by buying it: The board decided to file for bankruptcy and seek a white knight.
