Multiple choice general knowledge

A Black or White 'what' refers to a company mounting respectively a hostile or a helpful takeover bid?

  1. Bear

  2. Queen

  3. Knight

  4. Bull
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In corporate takeover terminology, a "white knight" is a company or investor that makes a friendly acquisition offer to help a target company avoid a hostile takeover. A "black knight" makes a hostile takeover bid. Bears and bulls refer to market sentiment, and "queen" is not used in this context.

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