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 Glossary   >   W   >   "White knight" Definition   

        White knight

A friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor.

A company which comes to the rescue of another listed company which is under siege from an unwelcome bidder. The White Knight may make an improved offer, or it may just be a more acceptable predator than the first bidder, as far as the management are concerned.

White knight


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White knight - A friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor.

A company which comes to the rescue of another listed company which is under siege from an unwelcome bidder. The White Knight may make an improved offer, or it may just be a more acceptable predator than the first bidder, as far as the management are concerned.


White knight : a friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor.

a company which comes to the rescue of another listed company which is under siege from an unwelcome bidder. the white knight may make an improved offer, or it may just be a more acceptable predator than the first bidder, as far as the management are concerned.