black knight


Also found in: Dictionary, Encyclopedia, Wikipedia.

Black Knight

A company that is offering or executing a hostile takeover. If a firm makes an offer to shareholders to acquire a publicly-traded company after the board of directors refuses, or if it bypasses the board completely, one refers to the acquiring firm as a black knight. This is a derogatory term, and so one might expect the board, management, or even employees to use it more than shareholders.

black knight

see TAKEOVER BID.

black knight

see TAKEOVER BID.
References in periodicals archive ?
Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership.
The Distribution and the subsequent receipt of shares of New Black Knight common stock is expected to generally be tax-free to FNF Group shareholders for U.
And while Foley has been caught up with the countless details involved with launching a new professional hockey franchise, Tom Sanzone has been at the helm of Black Knight Financial Services acquiring his own set of companies to fill gaps in BKFS' extensive mortgage technology offerings.
All states and metropolitan areas experienced positive growth in May, Black Knight reported.
Enjoy a meal in Lumley Castle's |renowned Black Knight restaurant
We are very pleased with the progress we have made in re-inventing our online presence," said Jim Pinneo, CEO of Black Knight Termite and Pest Control.
2 : to move (something) back and forth <The Black Knight waved his lance weakly over our heads.
Instructed by King Arthur's most gallant knight, he is soon a skilled swordsman and sets off, as the Black Knight, in search of adventure.
A source close to Sir Paul said: "It's very apt because the Black Knight will never accept defeat and Heather is just the same.
The highlight of the evening was the presence of the Black Knight, on horseback, accompanied by a wandering minstrel to entertain the local nobility.
BLACK KNIGHT and Wolf Venture have left Newmarket trainer Sean Woods to race in the Far East.
VETERAN George Duffield rode a peach of a race to land Black Knight the winner of Thirsk's Classified Stakes.