How would the Maytas acquisition have helped Satyam

A week before when Satyam's Raju announced that Satyam's intented to buy Maytas , the idea was booed by all and sulty, but looking at the mess now it would had been really benefitial if the deal had gone through.

How would the Maytas acquisition have helped? Satyam would have paid at least Rs 5000 crore to acquire the two companies from the promoters (the Raju family). The money was non-existent. So, it would have pretended to pay the money and ended up with the assets (the two Maytas companies). The promoters may have never got paid but that would have served them right. And everyone would have been alright: Satyam would have had assets, real assets on its books instead of non-existent cash; the Raju family would have continued to manage Satyam, but would have been poorer by quite a bit; and investors would have still had their money invested in a halfway decent company.

But again at the end of the day, it all comes to Ethics and in this case the promoters were trying to do unethical thing so that the mess they had created could be covered