And in a way I find that understandable, because the issues of information asymmetry, cultural differences, and mistrust are clearly aggravated in the case of a cross-cultural merger.

FORBES: The stock market generally hates acquisitions, but here is an exception to the rule

The market as a whole is dominated by a relatively small number of big power companies and investment banks, raising worries about asymmetry of information.

ECONOMIST: Buttonwood