• A white squire is an investor or company that acquires a stake in a company to prevent a hostile takeover.
  • The white squire buys only part of the shares, unlike the white knight who buys the whole company.
  • The white squires don’t take a majority stake, rather it’s big enough to block the bonding company.
  • Incentives often offered to the white squire may include discounted stocks or hefty dividends.