a. They are European.
b. The share price has changed.
c. They have too few competitors.
d. Woolard's shareholders objected.

2. What did the failure of the merger do to Woolard's share price?

a. Raised it.
b. First raised then cut it
c. Cut it.
d. There was no effect.

3. What will the Woolard's board do next?

a. They don't know.
b. Sell their company.
c. Cut the share price.
d. Ask the unions for help.

4. How would the merger have saved Woolard's money?

a. Timsson would give them money.
b. The unions would have to pay money.
c. They could sell more shares.
d. They would need fewer employees.

5. What does the writer think will happen to Woolard's?

a. It will become a predator
b. It will become bigger
c. Someone will buy it.
d. It will owe a lot of money.

6. Why does the article say another company might want to buy Woolard's?

a. To get a freight business
b. Because it is cheap
c. For its cash pile.
d. Because they are competitors.

7. What it the problem with buying Woolard's?

a. It owes a lot of money
b. There are too many predators
c. Timsson still wants it.
d. The share price is too low.

8. How does the writer seem to feel about Woolard's future?

a. Uncertain
b. Jubilant
c. Impartial.
d. Pessimistic

ANSWERS