While I agree with the cost point, I would have to see the actual contract to agree or disagree with you. Again, working in this industry I have seen the types of Caveats that are put into them. IMO there is just not enough information here to say that this acquisition is a bad deal. The use of the word "acquisition" seems important to me in this scenario, as it doesn't imply so much a purchase as a takeover. I imagine a flat out purchase would have cost a lot more. Again, I think we are all guessing as to what this really is without seeing the actual contract of acquisition as laid out by CGFIA and Silver Wing.
All comments are in my own opinion and should not be substitute for one's own due diligence. They should also not be considered as advice for purchasing or selling any stock.