godfather offer

noun
  1. informal a takeover bid pitched so high that the management of the target company is unable to dissuade shareholders from accepting it

Word Origin for godfather offer

C20: from the 1972 film The Godfather, in which a character was made an offer he could not refuse by a threatening mafioso
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012