[ad_1] A black knight is a corporate raider who attempts a hostile takeover of another company by identifying viable targets, acquiring shares, and gaining controlling interest. Success depends on spending fewer resources than can be realized in profits. A black knight is a common reference to a corporate raider or a company that engages in […]
[ad_1] A gray knight is an uninvited bidder in a corporate acquisition who is not considered a friend or foe of the target company. They are an equitable alternative if the preferred bidder cannot reach an agreement, but may also be a potentially malevolent force waiting for the deal to collapse. Their strategy involves placing […]
[ad_1] The Knight Bus is a magical form of transportation in Harry Potter that helps witches and wizards in need. It is a triple-decker bus, accessed by spiral staircases, and is invisible to muggles. The bus is run by Ernie Prang and Stan Shunpike, and has a shrunken head in the films. The ride is […]
[ad_1] A yellow knight is a company that has changed its strategy from a hostile takeover attempt to a merger proposal. This change may occur due to the potential for acquisition success or changes in circumstances. The yellow knight is different from a black knight and a white knight in a takeover attempt. In the […]
[ad_1] “Knight in shining armor” is an idiom describing a heroic savior, originating from romantic representations of knighthood in the Middle Ages. The term became common in the 19th century and is used in both British and American English. The phrase comes from a satirical poem by Henry Pye in 1790, but its figurative meaning […]
[ad_1] A gray knight is an uninvited bidder in a corporate acquisition, not seen as a threat to the target firm like a black knight. They offer a slightly higher bid than the white knight and can become the next logical choice if negotiations fail. Sometimes known as a gray knight, a gray knight is […]
