There is logic

If they didn't pay for all the full legal bells and whistles (its only small anyway) then I bet they saved a few million on each side anyway so probably kept that as purchase price reward for a quicky deal.

(Work in a company with acquisitions going on all the time and legal fees can be eye watering even though they are only relatively small deals of £1-2m).

I like it, just because he didn't follow protocol everyone has a go, I bet if did it the other way and it cost a fortune the same people would also LOL.