If there is a pre-determined acquisition criteria and a potential acquisition that falls outside the criteria, it’s important to not change the underlying assumptions or factors in order to do a deal, for the sake for doing a deal.
Opportunities are everywhere, there’s no need to spend resources into ascertaining deals that falls out of the pre-determined criteria and it would be easier to execute well filtered deals which have higher probability of success and generate net value for the company; it’s not a surprise that 83% of M&A are non-accretive and the clear acquisition criteria is there to safeguard organisational interest.