When Discussing Corporations,what Is a White Knight

When discussing corporations,what is a white knight?

A) A mythical hero in fairy tales
B) An attempt to fend off a hostile takeover by selling stock at below market value
C) An attempt to fend off a hostile takeover by requiring the deal be approved by a large majority of shareholders
D) A more acceptable firm that is willing to acquire the firm threatened by hostile takeover
E) A group of investors that has borrowed money to acquire a firm

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