godfather offer

Also found in: Financial.

godfather offer

(Banking & Finance) informal a takeover bid pitched so high that the management of the target company is unable to dissuade shareholders from accepting it

[C20: from the 1972 film The Godfather, in which a character was made an offer he could not refuse by a threatening mafioso]

References in classic literature ?

In vain his godfather offered to him a place in the public service, -- in vain did he try to give him a taste for glory, -- although Cornelius, to gratify his godfather, did embark with De Ruyter upon "The Seven Provinces," the flagship of a fleet of one hundred and thirty-nine sail, with which the famous admiral set out to contend singlehanded against the combined forces of France and England.

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One source told the (http://www.sportingnews.com/us/nba/news/nba-trade-deadline-of-anger-knicks-lakers-kyrie-irving-kevin-durant-anthony-davis/10cfln1ml28qf1abmalht1zhdk) Sporting News that the Celtics believe Rich Paul planted that rumor, hoping to convince New Orleans that Boston's version of a "Godfather offer" might not be coming in the offseason.

Celtics Believe AD's Agent Planted Kyrie Rumor

Because of the standstill, Brad Turner of the Los Angeles Times reported that the Lakers came back with a "Godfather offer" that included all of their young assets as well as cap relief.