white knight

(redirected from white knights)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

white knight

1. One who saves another person from harm or a difficult situation. I don't remember much from the accident, but I am forever grateful to the white knight who freed me from my car. When Sally came to help with the kids when I was in the hospital, she really was our white night.
2. A person or company that purchases, or gives money to, another company that is in financial distress or about to be acquired by a third party. We all thought we were going to lose our jobs, but then a white knight purchased the company and saved it from bankruptcy.
See also: knight, white

a white knight

a company that makes a welcome bid for a company facing an unwelcome takeover bid.
The image here is of the traditional figure from chivalric romances, who rides to the rescue of someone in danger. See also a knight in shining armour (at knight).
See also: knight, white
References in periodicals archive ?
The sample sources for the study are the Mergerstat Review and the Dow Jones News Retrieval Service,(10) which provided a universe of 100 white knights for the ten-year period 1978-1987.
The White Knights leader also confirmed that the ministry had held discussions with some groups of ultras but said, "They do not tell the truth.
The White Knights lawyer, Mohamed Hosny, told Egyptian Newspaper Al-Watan in recorded statements, that the deceased's father accused the club's chairman, Mahmoud Abbas, and club's board members Sabry Serag and Raouf Gasser of inciting Hussein's killing.
Over the years, he and his White Knight colleagues have certainly been doing that.
Anyone who wants to volunteer or support White Knights should visit www.
Now the White Knights - inspired by the Freewheelers EVS Service, which covers South West England - hope to transport vital supplies, such as blood and X-rays, for free.
The White Knights were voted Sainsbury's Local Charity of the Year last year, an a choice which is now being decided for this year.
For information about the art sale, or to donate to White Knights, visit www.
The White Knights defeated Moghreb Fez 2-0, thanks to goals from Ahmed Hassan and Ahmed Gaafar.
White Knights are a alive and well and residing in Lumley Castle.
The hate-site purports to be antimarxist but has a direct links to fascist groups Order of the White Knights, the White Nationalist Party,Blood and Honour,Aryan Unity, Combat 18,Aryan Baby Drive and the National Front.
Out of curiosity, Dennis attended a public meeting sponsored by the White Knights of the Ku Klux Klan--only to be deceptively entrapped into joining the group.
There are no white knights in Stephen Soderbergh's disturbing but electrifying pilgrimage through the corridors and battlefield's of America's long-running, unsuccessful, and morally ambiguous "war on drugs.
The abortion lobby, however, is not without its white knights.
Researchers using animals must immediately find white knights with deep pockets, unite (and avoid squabbling), join and assist other similar fights in society, and, most important, inform the public so it gets on the researchers' side.