I agree with you in principle. It depends on what employees. The aquiree or the acquired company employees.

I have been part of 3 acquisitions, on the aquiree company side, and they are never totally seamless. There are systems integrations, HR, insurance, among other things. It may take some time but there will be some changes.

Not knowing the fundamentals behind either companies, there is still an underlying reason for the acquisitions. To say unlimited R&D dollars doesn't satisfy me as a company is still only going to spend a certain % of revenue on R&D. There is other synergies that aren't and won't be filtered down beyond the executive level for quite some time. It is certain that there have been cap ex, op ex, SG&A, EBITDA discussions prior to the acquisition. There are underlying reasons from a financial standpoint or there would be no need for the acquisition.

Regardless of the impact, I still like my Bowtech and will consider them for future archery purchases.