black knight


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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 ?
19, 2015 /PRNewswire/ -- Black Knight Financial Services announced today that LoanSphere Closing Insight, a Web-based solution that automates the closing process, is now integrated with LoanSphere Empower, Black Knight's end-to-end loan origination system.
It looks a tough race on paper but we intend running Black Knight," the Newmarket trainer said.
Barnes said Black Knight research finds that "GSE loans are currently averaging 75 percent gross UPB recovery through REO, whereas FHA loans see just 65 percent.
As lenders increase their focus on the correspondent market, Black Knight can help them take advantage of this growth opportunity with a platform specifically designed to deliver all the functionality needed to effectively support the loan review and purchase process," said Jerry Halbrook, president of Black Knight's Origination Technologies division.
gt;> A new solution to help servicers preserve first-lien status from super-liens recorded by homeowner associations (HOAs) for delinquent HOA fees was released in February by Black Knight Data and Analytics, Jacksonville, Florida.
The Black Knight and Dark Elf are among the new characters and new options include a Tremor spell, which has a dramatic quaking effect.
Black Knight Fine Wines & Spirits will be a specialty team responsible for the business development and sale of luxury wines and spirits within Epic's portfolio.
Black Knight Financial Services LLC, Jacksonville, Florida, released its November Mortgage Monitor Report and found evidence that lower-pricetier homes in hardest-hit states remain further off their price peaks than higher-valued residential properties in those same markets.
That was among the findings in the July Mortgage Monitor report from the Data and Analytics Division of Jacksonville, Florida-based Black Knight Financial Services.
IBCRN exclusively offers many top shelf niche programming which includes Whitley Strieber's "DREAMLAND," The Lou Gentile Show, Cybercity Radio, Talk Show America, The Black Knight & Squire "G" show and many others.
Jacksonville, Florida-based Black Knight Financial Services' (BKFS') Data and Analytics division released its August Mortgage Monitor Report on Oct.
In other Q3 findings, Black Knight observed that while foreclosure starts were up slightly from Q2, driven by a rise in repeat foreclosure starts (as reported in last month's Mortgage Monitor), first-time foreclosure starts in Q3 were at their lowest level in more than 10 years and 35 percent below 2005 pre-crisis levels.