white squire

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Definitions from WordNet

Noun white squire has 1 sense

white squire - a white knight that buys less than a majority interest
--₁ is a kind of white knight

Definitions from the Web

White Squire

Definition: White Squire refers to a business executive or influential shareholder who aids a company in warding off hostile takeovers and acts as a defensive strategy.

Examples:

The company's white squire successfully fended off the aggressive takeover attempt.
The white squire, representing a group of loyal shareholders, negotiated a deal with the potential acquirer.
As the white squire of the company, his main objective is to preserve the independence of the company.

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Corporate Takeovers
Shareholder Activism
Mergers and Acquisitions

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