what is a godfather offer 
a godfather offer is an irrefutable takeover bid made to a target company by an acquirer typically the offer is priced at an extremely generous premium compared with the target s prevailing share price making it difficult for the board of directors to reject the bid without angering shareholders and being accused of breaching their fiduciary duty a godfather offer is named after the francis ford coppola movie of the same title more specifically the name refers to the film s famous line i m gonna make him an offer he can t refuse this line has gone on to become one of the most celebrated quotations in cinema 1