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That is 17 cents below the price at which the Internet unit's shares closed on Friday.
Shares in Northern fell back to just below the price Ranjit Singh Boparan has offered, 73p.
If it's below the price that Citi has assigned them, the bank could face further losses.
At $35, it is well below the price of other streaming media devices.
A note below the price noted that the "item was never really for sale".
The offer remains below the price of TRW's common stock, which rose 89 cents yesterday, to $51.17 a share.
That's still below the price that some analysts think Kraft will need to pay to seal a deal.
Shares have recovered some ground, but the stock is still 16% below the price when Leahy departed in March 2011.
Google also has the option of setting the offering price somewhat below the price determined by the Dutch auction.
Five years later, the stock is trading well below the price I paid for it, and I still own it.
In trading on Monday, shares of UBS were selling below the price before scandal broke in mid-September.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com