Eat M Up is considering a hostile takeover of the Everyday Company. To prevent such an event, the Everyday Company scrambles to get the Good Guys Network to buy them. The Good Guys Network is referred to as the:
A) Shark repellant.
B) White Knight.
C) Crown jewel.
D) Golden parachute.
E) Silver lining.

Question

Quizplus · Accepted Answer

The Good Guys Network is referred to as the "White Knight" because it is a friendly company that comes to the rescue of a company facing a hostile takeover, like the Everyday Company in this scenario.

Eat M Up Is Considering a Hostile Takeover of the Everyday