"White knights" refers to a situation where key players have the right to purchase shares at a huge discount, which makes takeovers extremely expensive.

Name: "White knights" refers to a situation where key players have the right to purchase shares at a huge discount, which makes takeovers extremely expensive.
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Question

Quizplus · Accepted Answer

"White knights" are friendly investors or companies that a target company seeks out to avoid a hostile takeover, not a strategy involving discounted share purchases.

"White Knights" Refers to a Situation Where Key Players Have