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Saturday Night Special
(redirected from Saturday night specials)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
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.


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0275982564 The global gun epidemic; from Saturday night specials to AK-47s.
Bills signed by Davis last year made California one of the toughest states on gun control, enacting trigger-lock requirements, expanding bans on assault weapons and banning low-priced Saturday night specials.
Byline: Orith Goldberg Staff Writer A Valencia handgun manufacturer - one of six Southland firms that have produced 80 percent of the nation's small-caliber Saturday night specials - has filed for bankruptcy.
 
 
 
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