Home > Term: black knight
black knight
Also referred to as a corporate raider, raider. Company that endeavours to take over another company against the will of the acquiree's management by seeking to convince the shareholders of the target company to accept the takeover contrary to the wishes of the management and Board of Directors. See also white knight.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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