superior proposal
[soo-PEER-ee-er pruh-POH-zuhl]
noun phrasefeminine (in Portuguese: a proposta é superior)pl: superior proposals / propostas superiores
proposta superior
1. A business or contractual offer that is more advantageous, favorable, or valuable than a competing offer or current agreement
The board rejected the merger after receiving a superior proposal from another company.
O conselho rejeitou a fusão após receber uma proposta superior de outra empresa.
2. In legal contexts, particularly regarding change of control agreements, an offer that provides better terms to shareholders
Under Delaware law, the company may terminate its original deal if a superior proposal emerges.
Sob a lei de Delaware, a empresa pode rescindir seu acordo original se surgir uma proposta superior.
3. An idea, plan, or suggestion that demonstrates higher quality or greater merit than alternatives
Her superior proposal for the marketing campaign impressed all the stakeholders.
Sua proposta superior para a campanha de marketing impressionou todos os interessados.
This term is particularly prevalent in American corporate law and M&A (mergers and acquisitions) contexts, especially in Delaware corporate law. In Brazil, it's commonly used in formal business negotiations and legal documents. The concept became especially significant after high-profile corporate takeover battles and is often protected by specific contractual clauses (superior proposal clause or fiduciary out).
NYC Slang
better deal / sweeter offer
Related Idioms & Phrases
jump at a superior proposal
field a superior proposal
trigger a superior proposal clause
superior proposal exception
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