The phrase "a superior proposal" is correct and usable in written English.
You can use it when comparing proposals and indicating that one is better than the others in terms of quality or benefits.
Example: "After reviewing all submissions, we have determined that Company A has presented a superior proposal for the project."
Alternatives: "an enhanced proposal" or "a better proposal".
But whatever the reason, without firm financing, neither bid will most likely be determined a superior proposal.
The $50-a-share 50-a-share 50-a-shareussex, a cloffer held hotel and casino owner, "is reasonably likely to result in a superior proposal," Aztar said yesterday.
"NYSE Euronext's board of directors is depriving its stockholders of the benefits of a superior proposal," he said in a statement.
Riversdale shares rose 0.27 Australian dollars, or 1.66 percent, to 16.57 dollars on Thursday, an indication that the market expects a superior proposal to emerge.
Mr. Dell signed a voting agreement saying that if a superior proposal is accepted, he will vote his shares in proportion to other shareholders to support it.
"Although it remains possible that a superior proposal might be made, none have emerged to date and there can be no assurances that any will emerge".
"Polycom has informed Siris that its Board of Directors has unanimously determined Siris' offer to constitute a 'Company Superior Proposal' under the terms of its merger agreement with Mitel," a statement read.
Late on Sunday, Great Wolf declared that KSL's bid of $7 a share was the superior proposal, giving Apollo until Wednesday evening to decide whether it wanted to match it or walk away.
"We do not believe that it is in your stockholders' best interests to give the Transatlantic board a veto right over whether our superior proposal is made available," he said in a letter addressed to Transatlantic management.
"Validus believes the Transatlantic board has repeatedly failed to take the necessary steps to secure greater value for Transatlantic stockholders and that Validus's superior proposal is a better alternative for Transatlantic stockholders," Edward J. Noonan, chairman and chief executive of Validus, said in a statement.
Under the current system, organizations with superior proposal writing skills and a track record in developing and implementing similar projects in different communities, are often parachuted in.
