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LSDefine

Simple English definitions for legal terms

white knight

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A quick definition of white knight:

A white knight is someone or a company that helps protect another company from being taken over by a hostile company. They do this by buying a controlling interest in the company or by making a competing offer. This is also called a friendly suitor. It is the opposite of a corporate raider.

A more thorough explanation:

Definition: A white knight is a person or company that saves another company from being taken over by an unfriendly corporate raider. This can be done by buying a controlling interest in the target company or by making a competing offer.

Example: When Company A was in danger of being taken over by a corporate raider, Company B stepped in as a white knight and made a competing offer to acquire Company A. This allowed Company A to remain independent and avoid being taken over by the unfriendly corporate raider.

Explanation: The example illustrates how a white knight can rescue a company from being taken over by an unfriendly corporate raider. In this case, Company B acted as a friendly suitor and made a competing offer to acquire Company A, which allowed Company A to remain independent and avoid being taken over by the unfriendly corporate raider.

whitehorse case | Whiteley rule

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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