White Squire

AAA

DEFINITION of 'White Squire'

Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in the target firm.

INVESTOPEDIA EXPLAINS 'White Squire'

A white squire is still considered to be a friendly acquirer, they just don't require controlling interest like a "white knight" does.

RELATED TERMS
  1. Acquisition

    A corporate action in which a company buys most, if not all, ...
  2. Takeover

    A corporate action where an acquiring company makes a bid for ...
  3. Yellow Knight

    A company that was once making a takeover attempt but ends up ...
  4. White Knight

    A white knight is an individual or company that acquires a corporation ...
  5. Black Knight

    A company that makes a hostile takeover offer for a target company. ...
  6. Service Mark

    A brand name or logo that identifies the provider of a service. ...
Related Articles
  1. The Value Investor's Handbook
    Active Trading

    The Value Investor's Handbook

  2. Bloodletting And Knights: Medieval Investment ...
    Options & Futures

    Bloodletting And Knights: Medieval Investment ...

  3. 10 Tips For The Successful Long-Term ...
    Trading Strategies

    10 Tips For The Successful Long-Term ...

  4. Where can I find a company's annual ...
    Investing

    Where can I find a company's annual ...

Hot Definitions
  1. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  2. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  3. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  4. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  5. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
  6. Earnings Multiplier

    An adjustment made to a company's P/E ratio that takes into account current interest rates. The earnings multiplier is used ...
Trading Center