Bob's Running Shoes has acquired Fleet Feet about six months ago. Due to the differences in processes and cultures of the two companies, it has taken a long time to adopt a common management and financial control system. They share information and personnel but have had difficulty in creating a common culture. Management is threatening to leave because the employees do not like the acquiring company's way of operating. Which of the following acquisition pitfalls does this scenario describe?

Select one:

a.Agency problems

b.Inadequate pre-acquisition screening

c.Integrating the acquired company

d.The expense of acquisitions

e.Overestimating economic benefits