[amitamit]

Sometimes this does happen - VCs and acquirers behaving badly.

It has been my experience that in the vast majority of the cases, the VCs and the acquirers behave honorably, and do the right thing.

This is due to several factors: 1. They are ethical and/or more concerned about their reputation, esp. for future transactions. 2. The decision makers do not personally gain from such poor behavior (the $ flow to the organization, not to them). 3. The decision makers on the acquiring side are concerned about making enemies with others from the acquired companies.