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Black Knight
(redirected from Black Knights)

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.09 sec.
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.


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Temple led 13-0 after a 37-yard touchdown pass from Charlton to Jason Harper early in the second quarter, but Army tied the game when Trent Steelman found Alejandro Villaneuva for a four-yard strike, though the Black Knights never led.
It is home to the United States Military Academy Black Knights men's and women's basketball teams.
The Black Knights parachute centre denied the weather conditions were too severe and denied liability for the accident.
 
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