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Quiz about Did This Merger Happen in 2008
Quiz about Did This Merger Happen in 2008

Did This Merger Happen in 2008? Quiz

2008 was not a good year for many companies. Many mergers were discussed. Some of them did proceed, but some did not. This quiz names a company and asks which (if any) of the other companies did merge with the first company during 2008.

A multiple-choice quiz by hammerdjh. Estimated time: 6 mins.
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Author
hammerdjh
Time
6 mins
Type
Multiple Choice
Quiz #
301,949
Updated
Dec 03 21
# Qns
10
Difficulty
Difficult
Avg Score
4 / 10
Plays
369
- -
Question 1 of 10
1. Microsoft is often in the news with stories around both its technology and its business practices. Which of these companies did Microsoft merge with in 2008? Hint


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Question 2 of 10
2. Hewlett-Packard has a long history as a manufacturer of high-tech equipment. Which of these companies did Hewlett-Packard merge with in 2008? Hint


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Question 3 of 10
3. Anheuser-Busch brews many varieties of beer, including the iconic American adult beverage - Budweiser. Which of these companies did Anheuser-Busch merge with in 2008? Hint


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Question 4 of 10
4. With rising fuel prices for much of 2008, the airline industry was under tremendous cost pressure. Which of these companies did US Airways merge with in 2008? Hint


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Question 5 of 10
5. Overlapping network maps created an opportunity for mergers in the airline industry. Which of these companies did Northwest Airlines merge with in 2008? Hint


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Question 6 of 10
6. The global pharmaceutical industry is challenged by the expiration of patent protection on a number of blockbuster drugs, which allow manufacturers of generics to compete aggressively with Big Pharma. Which of these companies did Pfizer merge with in 2008? Hint


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Question 7 of 10
7. The credit crisis of 2007-08 caused enormous turmoil among many banks, and led in part to much discussion about the possible breakup of Citigroup. Which of these companies did Citigroup merge with in 2008? Hint


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Question 8 of 10
8. Wells Fargo was one of a few financial institutions that survived the worst of the 2007-08 credit crisis without going through too much disaster. Which of these companies did Wells Fargo merge with in 2008? Hint


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Question 9 of 10
9. Bank of America built a huge brand across the USA through numerous acquisitions, largely from 1997-2007. Which of these companies did Bank of America merge with in 2008? Hint


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Question 10 of 10
10. General Motors and Chrysler came to the US government asking for bailout funds late in 2008. Which of these companies did General Motors merge with in 2008? Hint



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Quiz Answer Key and Fun Facts
1. Microsoft is often in the news with stories around both its technology and its business practices. Which of these companies did Microsoft merge with in 2008?

Answer: None of them

 Microsoft made a bid for Yahoo!, but it was rejected by Yahoo!'s management. Microsoft did not have any publicly-revealed merger discussions with either of the other two companies during 2008.
2. Hewlett-Packard has a long history as a manufacturer of high-tech equipment. Which of these companies did Hewlett-Packard merge with in 2008?

Answer: EDS

 HP bought EDS, the company started by two-time presidential candidate Ross Perot. HP merged with Compaq in 2002. HP did not have any publicly-revealed merger discussions with Microsoft in 2008.
3. Anheuser-Busch brews many varieties of beer, including the iconic American adult beverage - Budweiser. Which of these companies did Anheuser-Busch merge with in 2008?

Answer: InBev

 InBev (a global brewing conglomerate with roots in Belgium and Brazil) bought the iconic American beer producer. The other two global conglomerates have also grown through multiple acquisitions of formerly-independent brewers. The new InBev became the world's largest brewer.
4. With rising fuel prices for much of 2008, the airline industry was under tremendous cost pressure. Which of these companies did US Airways merge with in 2008?

Answer: None of them

 US Airways and United had several rounds of discussions about a merger in 2008, but none came to fruition. US Airways and America West did indeed merge, but it happened in 2005. There were no publicly revealed reports of merger discussions between US Airways and American in 2008.
5. Overlapping network maps created an opportunity for mergers in the airline industry. Which of these companies did Northwest Airlines merge with in 2008?

Answer: Delta Air Lines

 Northwest and Delta combined to create the largest commercial airline in the world. At the announcement of the merger, Northwest and Delta stated that no existing hubs would be closed. There were no publicly-revealed merger discussions between Northwest and either United or American in 2008.
6. The global pharmaceutical industry is challenged by the expiration of patent protection on a number of blockbuster drugs, which allow manufacturers of generics to compete aggressively with Big Pharma. Which of these companies did Pfizer merge with in 2008?

Answer: None of them

 While there were oft-repeated rumors of mergers between Pfizer and other major pharmaceutical companies, none of them resulted in a deal in 2008.
7. The credit crisis of 2007-08 caused enormous turmoil among many banks, and led in part to much discussion about the possible breakup of Citigroup. Which of these companies did Citigroup merge with in 2008?

Answer: None of them

 Citigroup and Wachovia did discuss a merger, and a deal was even announced in September 2008. It fell through, and Wachovia was acquired by Wells fargo in December 2008.
8. Wells Fargo was one of a few financial institutions that survived the worst of the 2007-08 credit crisis without going through too much disaster. Which of these companies did Wells Fargo merge with in 2008?

Answer: Wachovia

 Wells Fargo and Wachovia merged in December 2008, and that is what caused the previously-announced agreement between Citigroup and Wachovia to fall through. This combination created the largest network of bank branches in the US. The other two banks both failed during 2008, with IndyMac being taken over by the FDIC, and Washington Mutual (WaMu) having its assets bought by JPMorgan Chase.
9. Bank of America built a huge brand across the USA through numerous acquisitions, largely from 1997-2007. Which of these companies did Bank of America merge with in 2008?

Answer: Countrywide

 Countrywide's involvement in subprime mortgages made this merger and its fallout one of the most visible poster children for the global financial crisis (aka global credit crisis). Bank of America did merge with LaSalle Bank, but that deal was completed in 2007.
10. General Motors and Chrysler came to the US government asking for bailout funds late in 2008. Which of these companies did General Motors merge with in 2008?

Answer: None of them

 Despite several bouts of negotiations between the GM and Chrysler (and severe financial difficulties for both of them), there was no completed deal in 2008. There were no publicly-revealed discussions of mergers between GM and either Ford or Toyota.
Source: Author hammerdjh

This quiz was reviewed by FunTrivia editor gtho4 before going online.
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