HomeDefinitionsCompareDebt Gray knightThe financial definition for Gray knight:In a merger or acquisitions, a gray knight is an acquiring company that outbids a white knight in pursuit of its own best interests, although it is friendlier than a hostile bidder. Similar MatchesWhite knightWhite knightA friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor. Click to compare definitions of Gray knight Click to view definitions beginning gr |