White knight
A friendly potential acquirer of a firm sought out by a target firm that is threatened by a less welcome suitor. |
Similar financial terms
White-collar workerWhite-collar workers perform tasks which are less "laborious" yet often more highly paid than blue-collar workers, who do manual work. They are salaried professionals (such as some doctors or lawyers), as well as employees in administrative or clerical positions. In some studies managers are considered as part of the white-collar worker grouping, in others they are not. The name derives from the traditional white, button down shirts worn by workers of such professions. Formerly a minority in ...
