One of the Effects of Gas Prices Rising from About

question 171

True/False

One of the effects of gas prices rising from about $2 to about $4 per gallon was airlines ordering new, fuel-efficient aircraft.

---

Definitions:

Acquiring Firm

The company that purchases another company in a takeover or merger.

Acquired Firm

A company that has been purchased and absorbed by another entity.

Going-Private Transaction

A process in which a publicly traded company is transformed into a privately held entity, often through a buyout from private investors.

Bidding Firm

A company that proposes a financial offer in an attempt to acquire another company or win a contract.