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AFMThe acquisition type confusion (Pilot Q1 vs. Dec.07 Q2)

Ooliviachen16y ago
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!
Zzigot1416y ago#1
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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