Saturday Night Special (U.S.)

December 17, 2010 General Studies, Stock Market Concepts
A surprise tender offer with a 7-10 day expiration period. So called because the strategy often involves announcing it over the weekend, thus denying the rival management time to respond.
Related
Demutualization
Random Walk Theory
Net Asset Value (NAV)
No-action Letter
Stagflation
Admission to Dealing Securities in a Stock Exchange

Leave a Reply

Your email address will not be published. Required fields are marked *