Question

In 2002, a media company reported the largest annual corporate loss of all time, adjusted for inflation, at $98.7 billion. That huge loss was the result of a merger between Time Warner and which other company?

1) AOL
2) Disney
3) Viacom
4) Comcast

Answer 1

The largest annual corporate loss of all time, adjusted for inflation, in 2002 was the result of a merger between Time Warner and AOL.

Step-by-step explanation:

In 2002, the largest annual corporate loss of all time, adjusted for inflation, was reported by a media company at $98.7 billion. This massive loss was the result of a merger between Time Warner and AOL.