white squire

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White squire

White knight who buys less than a majority interest.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

White Squire

A friendly investor who buys a large minority interest in a struggling company. This provides the company with more capital to improve its financial situation, while still allowing the current owners to maintain control of the company. See also: White knight.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

white squire

An investor sympathetic with management who holds a block of stock in a company that is or could be subject to an unfriendly takeover.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.