DBC 2312 - White Knight

 

The Banking Tutor 

Daily Banking Concept -  2312 

White Knight 

In economics, a white knight is a company or investor that buys a target company to prevent a hostile takeover. The white knight is a friendly defense strategy that's preferable to a hostile takeover by an unfriendly bidder, also known as a black knight.

Sekhar Pariti

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