In february of 1999 james surowiecki who wrote the


In February of 1999, James Surowiecki, who wrote the “Moneybox” column for Slate magazine, said:

As nearly everyone recognzes by now, most acqui­si­tions are mistakes for the acquiring company, which tends to overpay in expectations of gains—either from synergy or from superior management—that never arrive.

Briefly explain why this conclusion is not surprising.

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Business Economics: In february of 1999 james surowiecki who wrote the
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