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black knight
(redirected from Black Knights)

   Also found in: Financial, Wikipedia 0.04 sec.

black knight

In business, an unwanted suitor in a corporate takeover or merger. A black knight is a company that mounts a hostile takeover bid, as opposed to a white knight, a company that rescues the target company from the hostile takeover bid with an agreed takeover or merger.



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When the Black Knights rallied from 11 points down in the second half to beat Holy Cross, 69-68, to win the conference tournament title, cadets stormed the court, lifting Dixon and her players onto their shoulders.
With Blaik coaching at West Point, the Black Knights of the Hudson had become unbeatable (25-1-0).
The Black Knights of VF-154 ended their decade-plus association with the F-14A Tomcat having achieved a 100-percent completion rate during 286 combat sorties as part of operations Southern Watch and Iraqi Freedom.
 
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