What does white knight mean?

Definitions for white knight
white knight

This dictionary definitions page includes all the possible meanings, example usage and translations of the word white knight.

Princeton's WordNet

  1. white knightnoun

    a company that is a friendly acquirer in a takeover

Wiktionary

  1. white knightnoun

    An individual or corporation that intends to acquire another company in order to avert a hostile takeover.

  2. white knightnoun

    a hero, savior, or righteous individual

ChatGPT

  1. white knight

    A white knight is a term often used in business and finance to refer to a company or individual that helps a struggling or potentially bankrupt company by buying it or investing in it. Additionally, it can also refer to anyone who comes to the aid of another person in a difficult or distressing situation. The term suggests a heroic rescuer, similar to the white knight in fairy tales and literature who saves the day.

Wikidata

  1. White knight

    In business, a white knight, or "friendly investor" may be a corporation or an individual that acquires a corporationat a fair consideration during a period in which the corporation acquired is facing a hostile acquisition from another potential acquirer. White knights are preferred by the board of directors and/or management as in most cases as they do not replace the current board and/or management with a new board. Whereas in most cases, a black knight will seek to replace the current board of directors and/or management with its new board reflective of its net interest in the corporation's equity. Alternatively, a grey knight is an acquiring corporation or individual that enters a bid for a hostile takeover in addition to the target firm and first bidder, perceived as more favorable than the black knight, but less favorable than the white knight. The first type, the white knight, refers to the friendly acquirer of a target firm in a hostile takeover attempt by another firm. The intention of the acquisition is to circumvent the takeover of the object of interest by a third, unfriendly entity, which is perceived to be less favorable. The knight might defeat the undesirable entity by offering a higher and more enticing bid, or strike a favorable deal with the management of the object of acquisition.

Suggested Resources

  1. white knight

    The white knight symbol -- In this Symbols.com article you will learn about the meaning of the white knight symbol and its characteristic.

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Numerology

  1. Chaldean Numerology

    The numerical value of white knight in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of white knight in Pythagorean Numerology is: 8

Examples of white knight in a Sentence

  1. Mary Kay Andrews:

    I want characters I can live for in a setting that makes me feel like I'm there, my characters are turned upside down and trying to reinvent themselves but don't need a white knight. They can save themselves in a crisis.

  2. Ralph King:

    The plan either way is send a message to the Republican establishment to respect Several Trump supporters votes, if the party tries to parachute in a white knight to steal the nomination, it's not going to end well.

  3. Gu Yongtao:

    There's speculation that Vanke's management might look for some kind of white knight.

  4. Choi Nam-gon:

    Delta played a role as a white knight for Hanjin Kal, now it would be impossible for KCGI to take control of the group. The stake buy removes the chance of a management battle at Hanjin Kal.

  5. Ted Cruz:

    This fevered pipe dream of Washington that at the convention they would parachute in some white knight who will save the Washington establishment, it is nothing less than a pipe dream, it ai n’t gon na happen. If it did happen, the people would quite rightly revolt. Senator Cruz only bolstered his case that he's gaining momentum in the battle against front-runner Trump with his Wisconsin victory. He scored 48 percent of the vote to Trump's 35 percent, and picked up the lion's share of the state's delegates. Ohio Gov. John Kasich trailed far behind. The race heads next, though, to New York state where Trump has a commanding lead in the polls. The criticism of having ties to the establishment is an unusual one for Cruz -- who has portrayed himself as an outsider fighting against what he calls.


Translations for white knight

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"white knight." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/white+knight>.

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