grey knight

(redirected from Gray knight)
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Related to Gray knight: white squire

grey knight

or

gray knight

n
(Banking & Finance) informal an ambiguous intervener in a takeover battle, who makes a counterbid for the shares of the target company without having made his intentions clear. Compare black knight, white knight
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References in periodicals archive ?
The palette features Founder Blue, Gray Knight, and Green Tuft.
Chesnut Wood, owned by Edmund Roberts and trained by his daughter Beth, and who won over the course for the fourth time, finished alone after solitary rival Gray Knight was pulled up two fences from the finish.
Gray Knight, who finished second in an Exeter novice hurdle last month for Hill, will be heading to Gloucestershire after being sold for pounds 6,000 to trainer John O'Shea.
Jodi Hughes, 23, won the confined on Longstone Boy, who came home 10 lengths clear of Gray Knight.
Jimmy Frost's good run of recent form continued apace when Sarah Gaisford partnered Frosty Jak to land a 33-1 surprise in the amateur riders' novice hurdle, finishing strongly to get up and defeat Gray Knight.
THE opener at Exeter yesterday saw Gray Knight lead everywhere bar the line, hitting the magic low of 1.01 in running (for pounds 4,066) on Betfair before being caught by 33-1 shot Frosty Jak, on whom pounds 4 was matched at 150 in play.