India Languages, asked by kushi200622, 5 hours ago

what is meaning of white Knight?
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Answers

Answered by ashishgupta16143
1

Answer:

A white knight is a hostile takeover defense whereby a 'friendly' individual or company acquires a corporation at fair consideration when it is on the verge of being taken over by an 'unfriendly' bidder or acquirer. The unfriendly bidder is generally known as the "black knight."

Explanation:

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Answered by pprajwala24
1

Answer:

A white knight is a hostile takeover defense whereby a 'friendly' individual or company acquires a corporation at fair consideration when it is on the verge of being taken over by an 'unfriendly' bidder or acquirer. The unfriendly bidder is generally known as the "black knight."

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