The Grand Supernal Lineage
Chapter 297

Loans

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In the field of capital operations, "white knight" (WhiteKnight) was a common term referring to a friendly company or investor that stepped in voluntarily and offered help to prevent a target company from being taken over by a [hostile acquirer] (usually called a "dark knight").

When a company faced the threat of a [hostile takeover], a [white knight] typically acted through cooperation or joint...

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