What these people do not understand and cannot contemplate is that when a merger happens, a whole bunch of people will lose their jobs in the process. There is no need for two sets of administration. This is also the time when the ax falls on the lazy, the incompetent and the now-disconnected brother-in-law.
Usually people on both sides are affected, but a company I once worked for lost its entire management when the new company took over and fired every one......................
My company does an odd thing. They tend to adopt the senior management and culture of the company they just bought. Half dozen acquisitions in ten years. In one case they promoted the CEO of the company we brought to be the CEO of the whole company.
Hey, ivory tower idiots, if they were doing things so well they wouldn’t have been up for sale.
Another thing they do is adopt tools and practices of the old company. Does our account system have issues ? Sure. But maybe it would be better to fix the issues instead of migrating to their accounting system and have to deal with their issues and the disruption of a migration.
Time Warner was “bought out” by AOL in the 1990s in a hostile takeover. Then, after the sale was official, AOL opened their books to reveal that much of that money was built on speculation of AOL’s future subscriber base and wasn’t real.
Lotsa pissed-off TW employees as the stock did a nosedive from over $100/share to under $10/share. Yes, indeed. Since TW had a generous stock purchase plan for employees, a lot of employees were heavily invested.
The AOL Board were quickly dispatched in a palace coup so the top dogs became TW people but the damage was done. Time Warner Cable was then split off from the rest of Time Warner because it was considered the most profitable asset so it could be sold to keep the other divisions afloat.