Definition: In this task, a passage will be given and the goal is to identify an event from the passage. An event is defined as a single word representing something that happened, is happening, or may happen. An event can be factual or hypothetical, positive or negative, certain or uncertain. While most events are based on verbs, an event can also be based on a noun (ex. storm, snow, rainfall) or a copula verb (is, was, been, etc.). The event must not be a pronoun or an adjective. For noun events with multiple words, use the last word in the phrase as event.
Input: Passage: "We're taking on more debt than we would have liked to," acknowledged Michael Plouf, LIN's vice president and treasurer. Although he expressed confidence that the proposed new company's cash flow would be sufficient to cover interest payments on the debt, he estimated that the company wouldn't be profitable until 1994 or later.

be