white knight

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white knight

white knight

A positive entity that appears unexpectedly to rescue a company targeted by a hostile takeover by outbidding the undesirable bidder.

(Modern Hebrew)

Translation

Expression (Hebrew)

אַבִּיר לָבָן

Definition (Hebrew)

גּוֹרֵם חִיּוּבִי הַמּוֹפִיעַ בְּמַפְתִּיעַ כִּבְיָכוֹל לְהַצִּיל חֶבְרָה הַמָּעֳמֶדֶת לְהִשְׁתַּלְּטוּת עוֹיֶנֶת תּוֹךְ שֶׁהוּא מֵבִיס אֶת הַמַּצִּיעַ הָאַחֵר הַבִּלְתִּי רָצוּי.

(הָעִבְרִית הַחֲדָשָׁה)

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