I always wonder how these big acquisitions go, because it almost seems obvious when an acquisition happens (depending on companies and products involved), that

I always wonder how these big acquisitions go, because it almost seems obvious when an acquisition happens (depending on companies and products involved), that it will fail. What were they planning on doing with these companies? Did they look into what made them successful and make genuine attempts to preserve that? For attempts to gain IP, or simply acquire a product to put it on their balance sheet without changing it, I understand. But I was part of an acquisition that wanted our company because of our culture, talent, and contracts. They said we would have free reign to do everything we normally did. Then slowly but surely they started taking away benefits, reducing bonuses/promotions/raises. This led to talent leaving, and contracts lost. Now it's an empty shell of what it used to be, and no different then the rest of the acquiring company.