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all the above is true. even if you did buy a company that held one, you would enter a qualfication process, let's just call it recertification if there weren't any ops in the prior 90 days.
this process alone would seem like the total certification done all over again.
if you have 20 million, you can buy Pace, a 121, a 145 repair station with continental as their biggest customer, DOD approved, Etops for 75,76 and has 73s running around.
you would simply have to pick out the paint color of the office if you bought the company, and then we'd get a new op spec with President name changed. This assumes that you wanted to be president.
I just used Pace as an example because we've been for sale ever since Brooks died, one of 5 original Hooters founders.