white knight

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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
(Banking & Finance) a champion or rescuer, esp a person or organization that rescues a company from financial difficulties, an unwelcome takeover bid, etc

white′ knight′


n.
1. a hero who comes to the rescue.
2. a beleaguered champion who fights for a cause.
3. a company that comes to the rescue of another, as to prevent a takeover.
[1890–95]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.white knight - a company that is a friendly acquirer in a takeoverwhite knight - a company that is a friendly acquirer in a takeover
company - 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
Translations
Weißer Ritter
chevalier blanc
References in classic literature ?
On the second day Iron Hans equipped him as a white knight, and gave him a white horse.
in which Alice had put 'THE WHITE KNIGHT IS SLIDING DOWN THE POKER.
A MAN whose brother and sister died suddenly last year handed over PS1,100 to the life-saving charity White Knights on Saturday.
Saturday's match started off poorly for the White Knights, as El-Shorta opened the score after 15 minutes.
The White Knights emergency volunteer service transports vital blood and tissue samples between hospitals.
The White Knights defeated Moghreb Fez 2-0, thanks to goals from Ahmed Hassan and Ahmed Gaafar.
White Knights are a alive and well and residing in Lumley Castle.
The hate-site purports to be antimarxist but has a direct links to fascist groups Order of the White Knights, the White Nationalist Party,Blood and Honour,Aryan Unity, Combat 18,Aryan Baby Drive and the National Front.
Out of curiosity, Dennis attended a public meeting sponsored by the White Knights of the Ku Klux Klan--only to be deceptively entrapped into joining the group.
There are no white knights in Stephen Soderbergh's disturbing but electrifying pilgrimage through the corridors and battlefield's of America's long-running, unsuccessful, and morally ambiguous "war on drugs.
The abortion lobby, however, is not without its white knights.
Researchers using animals must immediately find white knights with deep pockets, unite (and avoid squabbling), join and assist other similar fights in society, and, most important, inform the public so it gets on the researchers' side.