noun
General Slang
White knight
· noun · finance
Friendly buyer that swoops in to rescue a company from a hostile bidder.
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Definitions
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A friendly acquirer the target board actually wants. When a raider shows up swinging, the board runs to a white knight who'll pay up, keep management, and not gut the place. Better the devil you're choosing.
“Twitter spent a week shopping for a white knight before realising nobody wanted to outbid Musk.”
by community
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Outside finance, anyone who rides in to defend a person or cause online — often used sneeringly for men who perform chivalry hoping for credit.
“Half the replies were dudes white-knighting in her mentions.”
by community
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White knight In A Sentence
Twitter spent a week shopping for a white knight before realising nobody wanted to outbid Musk.
Half the replies were dudes white-knighting in her mentions.
Origin & Usage
Variants
white-knight
People Also Ask
What does "white knight" mean in finance?
It's a friendly buyer that swoops in to rescue a company from a hostile bidder.
How do you use "white knight" in a sentence?
"The board went looking for a white knight to fend off the hostile takeover."
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