Saturday night special


Also found in: Dictionary, Thesaurus, Acronyms, Idioms, Encyclopedia, Wikipedia.

Saturday night special

Often used in risk arbitrage. Sudden attempt by one company to take over another by making a public tender offer.

Saturday Night Special

Informal; an unexpected attempt at a hostile takeover. The term comes from the fact that such takeover attempts are often announced over the weekend when the fewest investors are paying attention.

Saturday night special

A hostile tender offer in which shareholders of the target company have a relatively short time to respond.
References in periodicals archive ?
No one knows the exact criteria the nine-member board will use to define what is a Saturday Night Special.
It remains to be seen how the board will define Saturday Night Specials.
They've reinvented the Saturday night special, making junk guns more powerful, more affordable,'' he said.
One thug with a gun can ignore almost any number of unarmed citizens, but if every citizen is carrying a Saturday night special or a junk gun or whatever awful identification the anti-gun crowd is currently touting, the thug would be dead meat the very next time he attempted an armed assault.
The proposed ordinance would bar gun dealers from selling cheaply made handguns, called Saturday night specials, in unincorporated areas of the county, where nearly 1 million people live.
The global gun epidemic; from Saturday night specials to AK-47s.
For the public safety, Johnson took on the National Rifle Association and drove through Congress the laws that closed the loophole of mail order guns, prohibited sales to minors, and ended the import of Saturday night specials.
For those planning a visit, South Bend's Ramada Inn has Friday and Saturday night specials from now until April for $99.
THE summer holidays may be over but Big Mouth's comedy capers crack on, with a brand new season of Saturday night specials kicking off at Middlesbrough Town Hall and Saltburn's Spa Hotel tomorrow night.
The buffet, with its joints and trimmings, is the main attraction but there are plenty of alternatives including main course salads, a vegetarian choice and the Saturday night specials of ribeye steak or lamb shank.
It has nothing to do with handguns or Saturday Night Specials.