| 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. |

| white knight n.
|
White Knight
A company that makes a friendly takeover offer to a target company that is being faced with a hostile takeover from a separate party.
Investopedia Commentary
The knight in shining armor gallops to the rescue!
Related Links
Bloodletting And Knights: A Medieval Guide To Investing
The Basics of Mergers and Acquisitions
The Wacky World of M&As
See also: Black Knight, Gray Knight, Hostile Takeover, Lady Macbeth Strategy, Takeover, White Squire, White-Shoe Firm, Yellow Knight
white knight