White knight
Friendly buyer that swoops in to rescue a company from a hostile bidder.
Definitions
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.
Outside finance, anyone who rides in to defend a person or cause online — often used sneeringly for men who perform chivalry hoping for credit.
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