Briefly explain why this conclusion is not surprising

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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.

Reference no: EM131110388

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