​An acquisition will not be profitable

A) ​In any circumstances
B) As long as you paid lower than the company's discounted future profits
C) Without a synergy that makes the company more valuable to you than to the current owner
D) ​None of the above

Synergy

Synergy occurs when the combined effect of a group or system of entities is greater than the sum of their individual effects, often resulting in increased efficiency or productivity.

Profitable

refers to a financial state where income exceeds expenses, leading to a positive net outcome.

Discounted Future Profits

The present value of the expected future earnings of a company, discounted at an appropriate rate to account for risk and time.