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an offer made by someone who has rejected a prior offer

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The lecturers, who resumed the strike on March 1 over low pay, have insisted on a counter offer before resuming talks.NEGOTIATIONSAbout Sh6.8 billion had been proposed by universities but Education CS Amina Mohamed said a staff audit must first be done.
Ca Immo, for its part, told news agency APA the counter offer was an "emotional reaction" and its own offer was still valid.
asked if the situation is close to being resolved chelsea boss andre Villas-Boas said: "He knows our offer and he has made a counter offer. We are now waiting on things."
SUPERMARKET sandwich maker Greencore told shareholders it was still considering whether to launch a counter offer for former merger partner Northern Foods.
A survey of 2095 accounting and finance professionals by recruitment firm Marks Sattin Australia found 360 had resigned at least once in the last six months and of those 31 per cent had received a counter offer from their employer to stay, reports
It is expected that BNP Paribas would offer a counter offer later in Thursday or on Friday.
West Coast Capital, the investment vehicle of Scottish billionaire Sir Tom Hunter, owns a Dobbies stake of 26 per cent, having paid up to pounds 16 for shares, and has been linked with a possible counter offer.
Mr Hands's private equity firm Terra Firma launched a recommended pounds 2.4bn bid for the group in May, but has so far received support from fewer than 4% of shareholders amid anticipation of a counter offer from Warner.
If not, make a counter offer. If you and the airline can't come to an agreement on the counter offer, then everyone is happy.
Darren makes a counter offer of four large pizzas and a round of cokes, which sends us on our way.
Cross praised the MTA--which earlier this summer rejected a $400 million counter offer for the site from Madison Square Garden owner, Cablevision--for its encouragement over the years as the team faced numerous lawsuits, community opposition and, ultimately, state denial of a $300 million funding package to build the dream New York Sports and Convention Center.
Now HBoS, the merged Halifax and Bank of Scotland, admits that it is considering a counter offer. "The process has a long way to go and something or nothing may come of it," said an HBoS spokesman.
Finnish mobile telematics manufacturer Benefon Oyj today (16 April) denied reports that it had received any acceptance of a counter offer made by fax for the purchase of US-based private holding company NRJ International LLC.
South African-based AngloGold Ltd has raised its takeover offer for Australia's largest gold producer, Normandy Mining Ltd, in response to the counter offer made two weeks ago by Newmont Mining Corp of the US (MJ, November 16, p.373).
Qantas' first counter offer was for AUD1.20 per share.
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