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white knight
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   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

white knight

In business, a company invited by the target of a takeover bid to make a rival bid. The company invited to bid is usually one that is already on good terms with the target company.



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There were several including the White Knight White Knights are an emergency voluntary service who provide a free of charge urgent/emergency out-ofhours transportation service to hospitals in West Yorkshire.
In Section I, we examine prior studies of white knights and discuss the use of Tobin's q as a measure of managerial performance.
Other potential white knights include the Miller Brewing Co.
 
 
 
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