HomeDefinitionsCompareDebt White knightThe financial definition for White knight:A friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor. Similar MatchesGray knightGray knightIn 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. Click to compare definitions of White knight Click to view definitions beginning wh |