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 ?
In addition, Triad Financial Services will utilize several offerings within the Black Knight Actionable Intelligence Platform (AIP), a unified framework for delivering strategic, proactive and actionable analytics to the right people within an organization at the right time, so they know the right actions to initiate next.
Black Knight President and Chief Executive Officer Tom Sanzone said, "Integrating the strengths of Black Knight and eLynx will give clients an even sharper competitive edge, and will significantly expand Black Knight's opportunities to cross-sell our comprehensive solutions."
Cooley also advised Black Knight on its acquisition of eLynx in May 2016.
The Cooley team advising Black Knight included Tom Hopkins, Jeremy Naylor, Jackie Grise, Wendy Brenner, Charles Haley, Matt Hallinan, Danielle Warner, Stephanie Gentile and Matt Beaudoin.
Black Knight (NYSE:BKI) is a provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership life cycle.
Black Knight supports US mortgage lenders and servicers with an integrated solution suite.
At a press briefing at the Mortgage Bankers Association (MBA) Annual Convention in late October, senior executives from Black Knight Financial Services (BKFS), Jacksonville, Florida, described the company's technology agenda for 2016 and origination technology was a major focus.
The system, which is incorporated with Black Knight s MSP servicing system, permits customers to access their loan information effectively and efficiently.
M2 EQUITYBITES-June 7, 2019-US Bank selects Black Knight's Empower loan origination system to support lending channel
Bank will use Black Knight's artificial intelligence solution, AIVA, for document classification, data extraction and exception management.
Cash-out refinancing volumes rose almost 70 percent in the second quarter compared with the same period last year, according to new data from Black Knight Financial Services (BKFS), Jacksonville, Florida.
In addition to notable advances for Black Knight football fans in select markets, the collaboration with Pamal Broadcasting provides expansive reach and coverage for other Army programs.