Wanted Dead or Alive was the third single released from Bon Jovi’s 1986 Slippery When Wet album. It peaked at number seven on the Hot 100 charts and finished 1987 at number 74 on the year end Hot 100 charts.
In Bon Jovi’s Slippery When Wet Special Edition, Jon and Richie perform the acoustic version of “Wanted Dead or Alive” live, and before singing they mention they wrote the song in Richie’s mother’s basement a year ago (1985 or 1986) and Richie says “Mom, this is for you” and Jon thanks her by saying “Thanks for Richie’s mom for not doing the laundry the day we wrote this song, it’s called ‘Wanted Dead or Alive'”. In this version, Richie and Jon take turns singing during the second and the last verse. The guitar solo is performed on one of Sambora’s trademark multi-neck 12-string Ovation guitars, rather than switching to an electric guitar for the solo and last verse of the song.via Wikipedia