No buyer in an acquisition ever understands what they're buying. They believe they do, and usually the seller believes they do too. It usually takes a year pos

No buyer in an acquisition ever understands what they're buying. They believe they do, and usually the seller believes they do too. It usually takes a year post deal for everything to come out of the woodwork. Sometimes it ends happily, sometimes not. It's down to serendipity. Actually, generally, nobody has a clue what they're doing, ever, but they believe they do, and that's good enough, more often than not. Acquisition deals happen almost by accident, and for reasons which are rarely rational.