On: The M&A Process Is Broken

[tptacek]

Isn't evaluating prices in terms of "desirability" tautological?

[vikramkr → tptacek]

Yes, and it breaks away from the mindset that there's any one thing that matters here and that it could really just be anything that any acquirer finds they like, not just profit.

[mushufasa → tptacek]

It is.