The White Knight


Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!Learn a new word every day. Batman: White Knight is a comic book limited series created by Sean Murphy and the first installment of the Murphyverse. Mostly, an acquiring company raises its price per share until shareholders and board members of the targeted company are satisfied. Killer bees helped companies avoid takeovers, during the 1980s takeover craze, by aggressively devising and implementing anti-takeover strategies.

* Meet the champions! KRITIKA: The White Knights * Feel the adrenaline at your fingertips! Unlike a hostile takeover, current management typically remains in place in a white knight scenario, and A black knight is a company that makes an unwelcome takeover offer for a target company. Mylan, a global leader in generic drugs, experienced this when it unsuccessfully attempted to purchase Perrigo, the world's largest producer of drugstore-brand products, for $26 billion in 2015. In White Knight, upon regaining his "sanity", the Joker sets out to reverse the public perception of himself and Batman from hero and villain, seeking to conquer Gotham through politics. Successful hostile takeovers, however, are rare; no takeover of an unwilling target has amounted to more than $10 billion in value since 2000.

A white knight is a hostile takeover defense whereby a friendly company purchases the target company instead of the unfriendly bidder.

FEEL THE RUSH! Although the target company does not remain independent, acquisition by a white knight is still preferred to the hostile takeover.

The series spans eight issues and was published monthly in 2017 and 2018 by DC Comics. - Intense EX skills that jump off the screen! Often, company officials seek out a white knight to preserve the company's core business or to negotiate better takeover terms.

The offers that appear in this table are from partnerships from which Investopedia receives compensation. The White Knights of the Ku Klux Klan is a chapter of the Ku Klux Klan.They originated in Mississippi and Louisiana in the early 1960s under the leadership of Samuel Bowers, its first Grand Wizard. Delivered to your inbox!


Pac-Man is a hostile takeover defense tactic in which a target firm tries to acquire control over the company that has made the hostile bid for it.

a deserving cause in need of a charismatic Yet if there is consensus around the high priority of finding the strongest candidate to take on Mr. Trump, there is less agreement among rank-and-file voters that the party needs a O’Neill’s 20-year investigation reads like a thriller with overtones of Philip Marlowe and Lew Archer: its narrator cast as a Although the book is billed as the fifth installment in the Brodie series, the brooding, modern-day - Play the most exhilarating action RPG that will keep you electrified!

Some notable examples of white knight rescues are United Paramount Theaters 1953 acquisition of the nearly bankrupt ABC, Bayer's 2006 white knight rescue of Schering from Merck KGaA, and JPMorgan Chase's 2008 acquisition of Bear Stearns that prevented their complete insolvency. An example of the former can be seen in the movie "Pretty Woman" when The terms white knight and black knight can find their origin the adversarial game of chess. Lady Macbeth strategy is a corporate takeover scheme in which a third party poses as a white knight to gain trust, but then joins with unfriendly bidders. 1) A man who stands up for a womens right to be an absolute equal, but then steps up like a white knight to rescue her any time that equality becomes a burden.
A These example sentences are selected automatically from various online news sources to reflect current usage of the word 'white knight.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. The White Knight is one of three Hiberno-Norman hereditary knighthoods within Ireland dating from the medieval period. A few of the most hostile takeover situations include AOL's $162 billion purchase of Time Warner in 2000, Sanofi-Aventis' $20.1 billion purchase of biotech company Genzyme in 2010, Deutsche Boerse AG's blocked $17 billion merger with NYSE Euronext in 2011, and Clorox's rejection of Carl Icahn's $10.2 billion takeover bid in 2011. White knight definition is - one that comes to the rescue of another; especially : a corporation invited to buy out a second corporation in order to prevent an undesired takeover by a third.

2) A man who Promotes gender equality but practices special privilege for women. A white knight is a hostile takeover defense whereby a 'friendly' individual or company that acquires a corporation at fair consideration that is on the verge of being taken over by an 'unfriendly' bidder or acquirer, who is known as the black knight. The title was first conferred upon Maurice Fitzgibbon in the early 14th century. The white knight is the savior of a company subject to a hostile takeover.

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