Saturday night special
Often used in risk arbitrage. Sudden attempt by one company to take over another by making a public tender offer.
Savings Incentive Match Plan for Employees (SIMPLE) 401(k) plan ...
of the market, thus giving the acquirer a significant holding before the Target Company gets wise to the undertaking. In London-based markets, the practice is restricted by the City Code on Takeovers and Mergers. See also Saturday Night Special.
laws relating to the preparation and issuance of audit reports and the obligations and liabilities of accountants with respect thereto; (7) set the budget and manage the operations of the Board and the staff of the Board.
Saturday night special ...
Back to top Saturday Night Special A slang term used to refer to a surprise takeover attempt.
 See also: Target company, Sell off, Expense, Private company, Market return
  
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