The Perverse Incentive of Deals

The incentive to do a deal that could turn out to be bad is very high. We didn't think we had to pay 18 times, you know, forward EBITDA. But there were definitely incentives around like, well, show me a deal. So that's two and three was get to a first close. And I think we realized in the spring of 15, we weren't going to get to afirst close without a deal.