Put up or shut up (PUSU) Definition | Legal Glossary | LexisNexis
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GLOSSARY

Put up or shut up (PUSU) definition

What does Put up or shut up (PUSU) mean?

The requirement under Rule 2.6(a) for a potential offeror to either make a firm offer announcement in accordance with Rule 2.7, or announce that it does not intend to make an offer, by not later than 5 pm on the 28th day following the date of the announcement in which the potential offeror is first identified (or by not later than any extended deadline).

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