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

1

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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2

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

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