Assertion: white knight | /r/HasProperty | friendly investor
Facets:
value: in business
type: OTHER
value: for the company
type: TRANSITIVE-OBJECT
value: in the business world
type: LOCATION
Source sentences:
text: In business, a white knight is a friendly investor that acquires a corporation at a fair consideration with the support from the corporation's board of directors and management.
text: A number of variations of the term have been used and these include: a gray knight which is an acquiring corporation or individual that enters a bid for a hostile takeover in addition to the target firm and first bidder, perceived as more favorable than the black knight (unfriendly bidder), but less favorable than the white knight (friendly bidder).
text: A white knight is a friendly savior in the business world who helps a company by purchasing it when it is either in the midst of an attempted hostile takeover, or when the business is either near bankruptcy or bankrupt due to unpaid debts.
text: A white knight is an investor who is considered friendly for the company as that person acquires the company with the help of the company’s board of directors or top-level management at a fair consideration so that the company can be protected from the hostile takeover attempt by the other potential buyer or from bankruptcy.
text: White Knight is a friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor.
text: In business, a white knight is a friendly investor or savior, while a black knight functions as a destroyer.
text: In business, a white knight is a friendly investor that acquires a corporation at a fair consideration with the support from the corporation's board of directors and management.
text: Definition: The White Knight is any friendly investor or a company that rescues a firm from the prospects of a hostile takeover.
text: A number of variations of the term have been used and these include: a gray knight which is an acquiring corporation or individual that enters a bid for a hostile takeover in addition to the target firm and first bidder, perceived as more favorable than the black knight (unfriendly bidder), but less favorable than the white knight (friendly bidder).