Does this seem stupid to you too?

So we have 2 stores in our area that compete, IGA and Sobeys. IGA had gotten some award for the best cheese or service or something. A year later Sobeys bought out IGA, and when I went back the plaques were exactly the same, but had the Sobeys label on the now.

Doesn’t it seem wrong that buying out a company transferes the awards? I think that they should start over, it seems like total bull that they changed the name.