> Who better than the people who built the company can judge the quality of these offers?
This assumes that the acquirers have the company's best interests at heart, which I don't believe is always true. No one ever got promoted for putting the brakes on a bad acquisition deal ( * ). On the other hand, making a big splash by buying up other companies can often lead to big bonuses for those involved which do not take into account the long term (lack of) value that these deals often bring.
This assumes that the acquirers have the company's best interests at heart, which I don't believe is always true. No one ever got promoted for putting the brakes on a bad acquisition deal ( * ). On the other hand, making a big splash by buying up other companies can often lead to big bonuses for those involved which do not take into account the long term (lack of) value that these deals often bring.
( * ) Citation needed, blah, blah, blah.