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Why the acquisition of Fly4000 case is Type 2 acquisition (business risk not changed) while that of Burcolene is Type 3 change (all the risk changed)?
Both acqusition occurred in the same industry. Thanks!The airplane question, you’re right both companies are in the same industry.
Burcolene and Petrofrance (I’m guessing this from memory that it’s this question) however are not. I think question states that Burcolene is a MANUFACTURER of petroleum goods, whilst Petrofrains is involved in EXPLORATION and HARVERST or something of that sort.
PS: I might get the company and industry messed up, but just check with the question.
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