In Merger Terminology, a White Knight Is

question 53

Multiple Choice

In merger terminology, a white knight is:

• A)Any suitor willing to bid more than the current share price for a firm
• B)The successful bidder in a merger process
• C)A suitor who acquires with cash rather than with stock
• D)A friendly acquirer that will out-bid a hostile acquirer

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Definitions:

Profitability Of Receivables

This term refers to the efficiency with which a company can convert its accounts receivable into cash over a specific period, indicating how well it manages credit it extends to customers.

Liquidity Ratios

Measures that indicate a company's ability to meet its short-term debt obligations.

Long Period Of Time

A duration that extends over a considerable number of years, often used to refer to investments, strategic planning, or long-term goals.

Statement Of Income

Also known as the income statement, it's a financial report that shows a company's revenues, expenses, and profits over a specific period.