| white knight n. 1. One that comes to the rescue; a savior. 2. A person or company that rescues a targeted firm from a takeover attempt by buying the firm. |
white knight
n
(Economics, Accounting & Finance / Banking & Finance) a champion or rescuer, esp a person or organization that rescues a company from financial difficulties, an unwelcome takeover bid, etc.
ThesaurusLegend: Synonyms Related Words Antonyms
| Noun | 1. |  white knight - a company that is a friendly acquirer in a takeovercompany - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" white squire - a white knight that buys less than a majority interest |
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