A White Knight is an individual or entity that a Board of Directors will bring in to prevent a hostile takeover through purchasing the stock his or herself. The White Knight is someone that the Board feels is more desirable than the individual or entity attempting the hostile takeover because he or she will generally not dismantle or liquidate the corporation but will attempt to work mostly within the already existing framework.
Latest posts by FreelancingGig (see all)
- Brand strategy: secrets that are not shared - February 2, 2024
- Crafting Visual Narratives: The Role of Motion Graphic Design in Digital Storytelling - January 23, 2024
- Unleashing Insights: Navigating the World of Data Science for Informed Decision-Making - January 23, 2024