White knight

Definition:

A friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Cost of limited partner capital

The discount rate that equates the after-tax inflows with outflows for capital raised from limited partners.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio