Black Knight

A company that makes a hostile takeover offer on a target company.


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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Related Terms

Gray Knight

Hostile Takeover

Lady Macbeth Strategy

Takeover

White Knight

Yellow Knight

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