It's every lawyer's dream to help shape the law, not just react to it.

✨ Enjoy an ad-free experience with LSD+

Legal Definitions - white knight

LSDefine

The law is a jealous mistress, and requires a long and constant courtship.

✨ Enjoy an ad-free experience with LSD+

Definition of white knight

Definition: A white knight is a person or company that saves another company from being taken over by an unfriendly corporate raider. This can be done by buying a controlling interest in the target company or by making a competing offer.

Example: When Company A was in danger of being taken over by a corporate raider, Company B stepped in as a white knight and made a competing offer to acquire Company A. This allowed Company A to remain independent and avoid being taken over by the unfriendly corporate raider.

Explanation: The example illustrates how a white knight can rescue a company from being taken over by an unfriendly corporate raider. In this case, Company B acted as a friendly suitor and made a competing offer to acquire Company A, which allowed Company A to remain independent and avoid being taken over by the unfriendly corporate raider.

Ethics is knowing the difference between what you have a right to do and what is right to do.

✨ Enjoy an ad-free experience with LSD+

Simple Definition

A white knight is someone or a company that helps protect another company from being taken over by a hostile company. They do this by buying a controlling interest in the company or by making a competing offer. This is also called a friendly suitor. It is the opposite of a corporate raider.

white book | white rent Read a random term: list

The only bar I passed this year serves drinks.

✨ Enjoy an ad-free experience with LSD+

The young man knows the rules, but the old man knows the exceptions.

✨ Enjoy an ad-free experience with LSD+