black knight

Definition

Use black knight in a sentence

You should always try and make sure you get the most out of the other company if they want to be a black knight.

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They knew they would be viewed as a black knight, but they didn't care. They wanted the company, and they would make sure they acquired them.

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DefecTech Corporation expected a hostile takeover bid but had no idea the black knight behind the bid would be its former corporate friend, Beck-Stabber & Associates.

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white knight lock-up option