gray knight

Definition

A potential acquirer which outbids a white knight in pursuit of its own best interests. This scenario is less preferable to the target company than the white knight's acquisition, but preferable to the black knight's initial hostile takeover attempt.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Popular 'Mergers & Acquisitions' Terms

acquisition
letter of intent
golden parachute
backward integration
merger

affiliate
mezzanine debt
tender offer
reverse merger
consolidation

gray knight in the news

Enter your email address to get our free Term of the Day newsletter!

Tools

gray knight is ...

... part of the Mergers & Acquisitions subject.

Nearby Terms

grantor
gratis
gratuity
gravestone
graveyard market
gray knight
GRD
Great Depression
greater fool theory
Greek Drachma
greeks