wave the white flag

Translations
сдаться
After several hours of negotiation, the company finally decided to wave the white flag.
После нескольких часов переговоров компания наконец решила сдаться.
Definitions
To surrender or admit defeat, often in a conflict or competition; derived from the practice of waving a white flag as a sign of truce or surrender.
Words
flag

noun
флаг
wave

verb
махать
white

adjective
белый