white knight

white knight
noun
a company that is a friendly acquirer in a takeover
• Hypernyms: ↑company
• Hyponyms: ↑white squire

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noun
1. : one that comes to the rescue ; especially : a corporation invited to buy out a second corporation in order to prevent an unfriendly takeover by a third
2. : one that champions a cause

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1. a hero who comes to the rescue.
2. a beleaguered champion who fights heroically for a cause, as in politics.
3. Informal. a company that comes to the rescue of another, as to prevent a takeover.
[1890-95]

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white knight noun (stock exchange)
A person who rescues a company from an unwanted takeover bid (cf ↑white squire)
• • •
Main Entry: ↑white

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white knight UK US noun [countable] [singular white knight plural white knights] business
a person or company that invests money in another company in order to prevent it being sold to a larger organization
Thesaurus: investing and investmentshyponym to invest moneysynonym

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white knight,
1. a political reformer or champion of a cause: »

... white knights dealing with the joint evils of corruption and reaction (London Times).

2. U.S. Finance. a friendly bidder sought out by a company to outbid a hostile company that has made a tender offer for its control.

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n. a person or thing that comes to someone's aid
■ a person or company making an acceptable counteroffer for a company facing a hostile takeover bid

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noun, pl ⋯ knights [count]
: someone or something that rescues or saves another person or thing from a bad situation; especially : a company that buys a second company in order to prevent it from being taken over by a third company

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ˌwhite ˈknight [white knight] noun
a person or an organization that rescues a company from being bought by another company at too low a price

Useful english dictionary. 2012.

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  • white knight — n: a party (as a corporation) invited to take over a corporation and thereby prevent its acquisition by another compare raider Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • white knight — white knights N COUNT A white knight is a person or an organization that rescues a company from difficulties such as financial problems or an unwelcome takeover bid. [BUSINESS] ...a white knight bid …   English dictionary

  • white knight — n a person or company that puts money into a business in order to save it from being controlled by another company …   Dictionary of contemporary English

  • white knight — noun count BUSINESS a person or company that invests money in another company in order to prevent it being sold to a larger organization …   Usage of the words and phrases in modern English

  • white knight — white′ knight′ n. 1) cvb a hero who comes to the rescue 2) cvb a beleaguered champion who fights for a cause 3) bus inf a company that comes to the rescue of another, as to prevent a takeover • Etymology: 1890–95 …   From formal English to slang

  • white knight — n. [after a character in CARROLL s Through the Looking Glass] a rescuer; specif., a company that prevents a takeover, viewed as unfavorable, of another company by offering better terms for a merger with it …   English World dictionary

  • White knight — A friendly potential acquirer of a firm sought out by a target firm that is threatened by a less welcome suitor. The New York Times Financial Glossary * * * white knight ˌwhite ˈknight noun [countable] FINANCE someone who buys shares in a company …   Financial and business terms

  • white knight — A friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor. Bloomberg Financial Dictionary A company which rescues another which is in financial difficulty, especially one which saves a company from an… …   Financial and business terms

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