GODFATHER OFFER
A godfather offer is an offer that cannot be refused. It is typically a tender offer pitched so high that the management of the target company is unable to discourage its shareholders from accepting it. Therefore, if the target company's management refuses the offer, the shareholders may initiate lawsuits or other form of revolt against the target company for not performing their fiduciary duty of looking out for the best interests of the shareholders.
This expression comes from the famous line - "make him an offer he can't refuse " featured in the godfather trilogy which is now one of the most celebrated quotations from an American film.
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