"Bought it on a whim, in a rush without doing all that?"
For something that's going to consume 11 billion dollars in cash (not some kind of share swap) shall we say that the CEO interest (given "It's the future of the company") seems a tad minimal?
I'd say "I bet he regrets that now," but honestly I don't think he does.
After all it wasn't his money he p**sed away.
And maybe that's the problem.
CEO who don't feel any sense that it is their money.