In a Merger, a White Knight Is

question 48

Multiple Choice

In a merger, a white knight is:

• A)a helpful investment banker that makes sure the merger is successful.
• B)a third company that buys the acquisition target before an unwanted suitor can.
• C)an investor who pays a high price to buy at least 5% of the shares of the acquisition target.
• D)a commercial banker that provides a guarantee that the financing for the merger will be available.

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Definitions:

Supply Chain Manager

A professional role focusing on overseeing and managing a company's supply chain operations to maximize efficiency, reduce costs, and ensure the timely delivery of products.

Production Floor

The area of a manufacturing facility where goods are actually produced or assembled.

Purchase Order

A formal document sent by a buyer to a seller requesting the purchase of products or services, specifying types, quantities, and agreed prices.

Legal Obligation

A duty enforced by law that requires an individual or entity to act or refrain from acting in a certain manner.