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Finance Dictionary and Glossary of Investment Terms
white knight
Definition 1.
A potential acquirer who is sought out by a target company's management to take over the company to avoid a hostile takeover by an undesirable black knight.
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Definition 2.
A friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor.
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Definition 3.
A company that makes a friendly takeover offer for the control of a target company that is being faced with a hostile takeover from a separate party.
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