InvestorWords.com

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.


Related Videos




Search for another term


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z