Gray Knight

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Gray Knight

Gray Knight

A term for a second bidder in a hostile takeover attempt who offers a slightly higher bid than the first competitor.

(Modern Hebrew)

Translation

Expression (Hebrew)

אַבִּיר אָפוֹר

Definition (Hebrew)

כִּנּוּי לְמִתְחָרֶה שֵׁנִי בְּנִסְיוֹן הִשְׁתַּלְּטוּת עוֹיֶנֶת עַל חֶבְרָה בְּכָךְ שֶׁהוּא מַצִּיעַ סְכוּם מְעַט יוֹתֵר גָּבוֹהַּ מֵהַצָּעַת הָרֶכֶשׁ שֶׁל הַמִּתְחָרֶה הַמַּצִּיעַ הָרִאשׁוֹן.

(הָעִבְרִית הַחֲדָשָׁה)

Keyword

capital market hostile takeover acquisition business competitor

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