A white knight is often sought by the target of a potential takeover in order to force the shareholders to settle for lower dividends.

Name: A white knight is often sought by the target of a potential takeover in order to force the shareholders to settle for lower dividends.
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Question

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A white knight is sought by the target of a potential takeover to offer a more favorable deal than the hostile bidder, not to force shareholders to settle for lower dividends.

A White Knight Is Often Sought by the Target of a Potential