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When the company received a hostile bid, the board welcomed a white knight that offered a friendly acquisition to preserve the company's independence.
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When the company received a hostile bid, the board welcomed a white knight that offered a friendly acquisition to preserve the company's independence.
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Related words
white knight
Noun
derogatory
figuratively
Internet
informal
Japanese Meaning
（ビジネス）敵対的買収から救済するため、買収対象企業を救済する意図で買収提案を行う個人または法人 / （フィクション）英雄、救世主、正義の戦士など、困難な状況に立ち向かう正義の味方
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