Saturday night special

(redirected from Saturday night specials)
Also found in: Dictionary, Thesaurus, 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 ?
Regarding another front, Baker said, "I think in light of the anti-gunners' victory in the Maryland referendum, we can expect to see some Saturday Night Special proposals at the federal level.
No one knows the exact criteria the nine-member board will use to define what is a Saturday Night Special.
The Maryland Law -- and other such state Saturday Night Special laws which could be passed in the wake of this one -- raise serious questions about unintentional and/or technical violations.
He describes his firm's 9 mm pistol as ``a very politically correct gun that is more expensive and much bigger'' than the so-called Saturday night special handguns criticized by lawmakers.
They've reinvented the Saturday night special, making junk guns more powerful, more affordable,'' he said.
Targeting guns and gun violence, the Los Angeles County Board of Supervisors plans votes today to ban Saturday night special sales, to study suing the firearms industry and to call for tougher punishment for criminals who use guns.
The State Supreme Court recently refused to hear an appeal of the city of West Hollywood's ban on Saturday night specials, a decision local gun control advocates say vindicates their position.
Guns, especially Saturday night specials, have been the scourge of this county .
Los Angeles County Supervisor Zev Yaroslavsky and Sheriff Lee Baca will announce plans today for a county ordinance to ban the sale of cheap handguns, known as Saturday Night Specials, in unincorporated areas, Yaroslavsky aide Joel Bellman said Tuesday.
Assembly Bill 1500, now awaiting your signature, is this year's attempt to ban junk guns, also known as Saturday night specials.
Luis Tolley, a gun-control advocate, praises Davis for his proactive role, especially on SB 15, the Saturday night special bill.
I suppose a Saturday night special would no longer be such if the manufacturer simply tacks on another couple of hundred dollars to the price tag.