| Black Knight |
 A company that makes a hostile takeover offer on a target company.
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An allusion to the fairytale villains, this term demonstrates how a targeted company sees its adversary. Fairytale black knights are associated with kidnapping princesses, slaying peasants, burning villages, and generally having unpleasant personalities.
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The Wacky World of M&As - Do you want your company to sandbag or greenmail? Welcome to the dramatic world of mergers and acquisitions.
Bloodletting And Knights: A Medieval Guide To Investing - From bloodletting to ye olde black knights, things on Wall Street are getting downright medieval! |
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