white knight

noun
1.
a hero who comes to the rescue.
2.
a beleaguered champion who fights heroically for a cause, as in politics.
3.
Informal. a company that comes to the rescue of another, as to prevent a takeover.

Origin:
1890–95

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
white knight
 
n
a champion or rescuer, esp a person or organization that rescues a company from financial difficulties, an unwelcome takeover bid, etc

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
White knight is always a great word to know.
So is quincunx. Does it mean:
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
Example sentences
But an unlikely white knight happened to live next door.
Kodak's stock rose accordingly in anticipation of a white knight around the
  corner.
But he maintains that his emergence as a whistle-blowers' white knight was
  anything but calculated.
If the target is going to lose, they capitulate or find an alternative white
  knight acquirer beforehand.
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