BNET Business Dictionary

Business Definition for: White Knight

  • a person or company liked by a company's management, who buys the company when a hostile company is trying to buy it.
  • See also Knight

Additional Resources

Goldcorp Purchases More Shares in White Knight Resources Ltd
TORONTO -- GOLDCORP INC. (NYSE:GG) (TSX:G) announced today that it has purchased an additional 624,000 common shares of White Knight Resources Ltd ("White Knight"). Goldcorp currently holds 4,681,705 common shares and 1,764,705 warrants of White Knight. Each warrant entitles the holder to purchase one additional common...
Tags: Company, Goldcorp Inc., White
Research articles 2004-06-18
GOLDCORP Purchases More Shares in White Knight Resources Ltd
Business Editors TORONTO--BUSINESS WIRE--May 14, 2004 GOLDCORP INC. (NYSE: GG)(TSX: G) is pleased to announce that it has purchased an additional 520,000 common shares of White Knight Resources Ltd ("White Knight") at a price of CDN$0.5931 per share. Goldcorp now holds 3,284,705 common shares and 1,764,705 warrants of...
Tags: Goldcorp Inc.
Research articles 2004-05-14
GOLDCORP Purchases More Shares in White Knight Resources Ltd.
TORONTO, ONTARIO, May 14, 2004 CCNMatthews via COMTEX GOLDCORP INC. (GG: NYSE; G: TSX) is pleased to announce that it has purchased an additional 520,000 common shares of White Knight Resources Ltd ("White Knight") at a price of CDN$0.5931 per share. Goldcorp now holds...
Tags: Goldcorp Inc.
Research articles 2004-05-14
Goldcorp Purchases More Shares in White Knight Resources Ltd.
TORONTO, ONTARIO, Jun 18, 2004 CCNMatthews via COMTEX GOLDCORP INC. (GG:NYSE; G:TSX) announced today that it has purchased an additional 624,000 common shares of White Knight Resources Ltd ("White Knight"). Goldcorp currently holds 4,681,705 common shares and 1,764,705 warrants of White Knight. Each warrant...
Tags: Goldcorp Inc.
Research articles 2004-06-18
International Pursuit Corporation and White Knight Resources: Drilling Commences on The Tonka Property
TORONTO--BUSINESS WIRE--May 5, 1998--International Pursui(TSE:IPJ.) White Knight Resourc(VSE:WKR.) International Pursuit Corporation (TSE-IPJ) and White Knight Resources (VSE-WKR) International Pursuit Corporation and White Knight Resources Ltd. are pleased to announce the commencement of drilling at the Tonka property located in Elko County, Nevada. The drill program is...
Tags: board, Business Wire, Toronto
Research articles 1998-05-05
White Knight Resources - Joint Press Release - 435 Foot Intercept of Continuous Gold Mineralization on Indian Ranch Property
VANCOUVER, British Columbia--BUSINESS WIRE--Sept. 17, 1997-- White Knight Resources (VSE WKR.) Chapleau Resources Ltd. (VSE CHI.) White Knight Resources Ltd. (VSE-WKR) and Chapleau Resources Ltd. (VSE-CHI). White Knight and Chapleau announce that a 435 foot interval of continuous gold mineralization averaging 0.017opt gold was intercepted in Hole...
Tags: Business Wire, Gold, Vancouver
Research articles 1997-09-17
Robert R. McEwen Purchases Shares in White Knight Resources Ltd
TORONTO -- ROBERT R. McEWEN announced today that he has purchased 5,681,705 common shares of White Knight Resources Ltd ("White Knight") by way of a private purchase from Goldcorp Inc. The purchase price was based on the higher of the current trading price or the ten day...
Tags: Goldcorp Inc.
Research articles 2005-06-28
Robert R. McEwen Purchases Shares in White Knight Resources Ltd.
TORONTO, ONTARIO, Jun 28, 2005 CCNMatthews via COMTEX ROBERT R. McEWEN announced today that he has purchased 5,681,705 common shares of White Knight Resources Ltd ("White Knight") by way of a private purchase from Goldcorp Inc. The purchase price was based on the higher...
Tags: Goldcorp Inc.
Research articles 2005-06-28
Burlington's white knight wins the day.
Burlington's White Knight Wins the Day The battle for control of Burlington Industries, which started in April with a $60-a-share offer from Dominion Textile, Inc., and Asher Edelman, ended Wednesday with the white knight group organized by Morgan Stanley & Co. buying 78 per...
Tags: Burlington, FINANCE, Investment, Morgan Stanley
Research articles 1987-06-25
U.S. Gold Terminates Offer for White Knight Resources Ltd., Intends to Recommence
U.S. Gold Corporation (OTCBB: USGL) announced today that, in view of certain regulatory requirements, it has terminated its offer to acquire all of the common shares of White Knight Resources Ltd. (TSX VENTURE: WKR). U.S. Gold intends to recommence its offer for White Knight and to commence offers for Nevada...
Tags: Company, Fax, FINANCE, SEC
Research articles 2006-06-05
Meridiana could be 'white knight' for struggling Alitalia: report
MILAN AFP — Meridiana, Italy's third-biggest airline, may be the "white knight" the struggling flag carrier Alitalia is looking for. Owned by Prince Karim Aga Khan, Meridiana specializes in flights to Sardinia. The group bought a 15-percent share in the Florence airport in September, and is about to buy a...
Tags: Agence France-Presse, Entrepreneurship, FINANCE, Government, Investment, knight, SOFTWARE
Research articles 2006-12-28
REPEAT: US Gold Corporation-Friday March 23, 2007: Last Day for Shareholders of White Knight Resources, Nevada Pacific Gold & Tone Resources to Tender Common Shares
US GOLD CORPORATION (TSX: UXG)(AMEX: UXG) wishes to notify all shareholders of White Knight Resources Ltd., Nevada Pacific Gold Ltd. and Tone Resources Limited, that the US GOLD OFFERS TO ACQUIRE THE OUTSTANDING COMMON SHARES OF WHITE KNIGHT RESOURCES, NEVADA PACIFIC GOLD AND TONE RESOURCES WILL EXPIRE TOMORROW, FRIDAY MARCH...
Tags: Company, Fax, FINANCE, SEC, shareholder
Research articles 2007-03-22
US Gold Corporation-Friday March 23, 2007: Last Day for Shareholders of White Knight Resources, Nevada Pacific Gold & Tone Resources to Tender Common Shares
US GOLD CORPORATION (TSX: UXG)(AMEX: UXG) wishes to notify all shareholders of White Knight Resources Ltd., Nevada Pacific Gold Ltd. and Tone Resources Limited, that the US GOLD OFFERS TO ACQUIRE THE OUTSTANDING COMMON SHARES OF WHITE KNIGHT RESOURCES, NEVADA PACIFIC GOLD AND TONE RESOURCES WILL EXPIRE TOMORROW, FRIDAY MARCH...
Tags: Company, Fax, FINANCE, SEC, shareholder
Research articles 2007-03-22
U.S. Gold Terminates Offer for White Knight Resources Ltd., Intends to Recommence.
DENVER, COLORADO, Jun 5, 2006 CCNMatthews via COMTEX -- U.S. Gold Corporation (OTCBB:USGL) announced today that, in view of certain regulatory requirements, it has terminated its offer to acquire all of the common shares of White Knight Resources Ltd. (TSX VENTURE:WKR). U.S. Gold intends to recommence...
Tags: Company, Fax, FINANCE, SEC
Research articles 2006-06-05
Manweb woos white knight
Manweb yesterday announced that it was talking to a white knight who may make a counter bid against against Scottish Power's pounds 1.13bn hostile offer. At the same time Swalec, the South Wales power distributor, announced a giveaway to shareholders worth up to pounds 315m, but denied that...
Tags: Scottish Power Plc.
Research articles 1995-09-21
Air Canada Search for White Knight Scuppered by Disclosure
Air Canada's [AC] search for a white knight to save it from the hostile takeover, mooted by Onex Corporation and American Airline's holding company AMR Corporation [AMR] last week, was placed in jeopardy Sept. 2 with the disclosure that American's holding in Canadian Airlines [CA] is subject to a prohibitively...
Tags: Air Canada
Research articles 1999-09-03
White Knight Tyco International to acquire AMP for 28.3 times earnings
The Deal: White knight Tyco International has agreed to acquire AMP Inc. in a stock-swap worth $11.3 billion, or $51 /share. Terms of the deal call for AMP shareholders to receive 0.7839 of a Tyco share as long as Tyco's weighted average share price over a 15-day period ending four...
Tags: shareholder, stock, Tyco International Ltd.
Research articles 1998-11-30
Soccer sheikh shapes up as Arabian white knight
DUBAI AFP ? Sheikh Abdul Rahman Bin Mubarak Al-Khalifa might not be a household name for soccer fans but he could be the white knight who rescues Leeds United from extinction. The club, with a 78 million pound (135 million dollar) albatross round its neck, is on the brink...
Tags: Agence France-Presse, Bahrain, FINANCE
Research articles 2003-12-04
Everton white knight's "passion for the game"
LIVERPOOL AFP ? Anton Zingarevich, who is set to be unveiled as Everton's new 23-year-old Russian white knight, has an encyclopaedic knowledge of football, club chairman Bill Kenwright claims. Zingarevich, the son of Russian pulp and paper tycoon Boris Zingarevich, is reported to be the man behind the 20...
Tags: Agence France-Presse, Games, knight, knowledge, Strategy
Research articles 2004-08-23
Japan's Takahara proves Toppmoller's white knight
HAMBURG, Germany AFP — Japanese international striker Naohiro Takahara was handed a rare start for German side SV Hamburg on Sunday and repaid the faith of manager Klaus Topmmoller with a sensational brace to down Hertha Berlin 2-1. Toppmoller had been told that less than three points would see...
Tags: Agence France-Presse, Bayer AG, knight
Research articles 2004-09-27
advertisement
advertisement