I had a similar thought.. I figured the dynamic here is market gets a checkpoint where the acquirer has admitted they're moving into maturity and so switching

I had a similar thought.. I figured the dynamic here is market gets a checkpoint where the acquirer has admitted they're moving into maturity and so switching from build to buy. But my first check was MSFT acquisition of GutHub.. was up on the day. Nadella had been turning the ship for a while and MS was certainly looking revived by that point. So, not always down. There are win-win acquisitions