A white squire is an investor who acquires a minority interest in a company to prevent a hostile takeover attempt and strengthen the position of current owners. They differ from white knights who acquire a majority stake, and oppose black knights who seek to gain control over the objections of current owners. However, there is […]
The term “squire” has evolved over time. Historically, squires were young apprentices who served knights on their path to knighthood. They acted as personal attendants, kept armor and weapons in order, and were responsible for the knight’s needs. In modern times, an esquire is a member of the landed gentry in England. The meaning of […]
A white squire is an investor who acquires a minority interest in a company to prevent a hostile takeover attempt. They are allies of the current owners and oppose the black knight. Unlike a white knight, they do not acquire a majority stake. However, there is a risk that they may switch allegiance to the […]
