white knight
Appearance
English
[edit]Alternative forms
[edit]- white-knight, whiteknight (for verb only)
Noun
[edit]white knight (plural white knights)
- (business) An individual or corporation that intends to acquire another company in order to avert a hostile takeover.
- 2010 August 23, “Vale Denies It Is Potash's White Knight”, in NY Times DealBook[1]:
- Forget about one possible white knight for Potash. Vale, the big Brazilian mining company, denied on Monday afternoon that it was in talks to acquire the giant Canadian fertilizer company.
- (fiction) A hero, savior, or righteous individual.
- Antonym: black knight
- (figurative, derogatory) Someone who unnecessarily defends someone else.
- A mushroom of species Tricholoma album.
Translations
[edit]individual or corporation that intends to acquire another company in order to avert a hostile takeover
Hero
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Verb
[edit]white knight (third-person singular simple present white knights, present participle white knighting, simple past and past participle white knighted)
- (figurative, derogatory) To unnecessarily defend someone, especially in an attempt to gain favour.