The five questions from Tuesday, March 31, 2026, with their answers. This puzzle is
no longer playable; today's game is on the home page, and
the last seven days can still be played in the
practice archive.
1 This major American entertainment company entered a definitive agreement in December 2025 to be acquired by Netflix in an 82.7 billion dollar transaction. The deal, which was amended to all-cash in early 2026, includes its legendary film and television studios, HBO, and the Max streaming service.
Answer: WARNER(6 letters)
2 This semiconductor manufacturer filed for Chapter 11 bankruptcy in June 2025 as part of a restructuring agreement to reduce its debt by 4.6 billion dollars. The company, a specialist in silicon carbide technology, aimed to slash its annual cash interest payments by 60 percent to preserve liquidity for its chip fabrication plants.
Answer: WOLFSPEED(9 letters)
3 In February 2026, these two major American energy producers announced a 58 billion dollar "merger of equals" to consolidate their positions in the Permian Basin. The transaction follows a trend of massive consolidation in the shale oil sector, creating a new giant with a combined production capacity exceeding one million barrels per day.
Answer: DEVON(5 letters)
4 This 25 billion dollar leveraged buyout of a tobacco and food giant in 1988 was led by Kohlberg Kravis Roberts and became the definitive symbol of 1980s corporate greed. The fierce bidding war between the private equity firm and a management group led by F. Ross Johnson was later chronicled in the best-selling book and film titled Barbarians at the Gate.
Answer: NABISCO(7 letters)
5 This statistical measure represents the degree to which two securities move in relation to each other, expressed as a figure between negative one and positive one. A reading of 0.85 between two global tech stocks suggests they trade in a highly similar pattern, while a reading of negative 0.5 would indicate that the assets tend to move in opposite directions during a market cycle.
Answer: CORRELATION(11 letters)
A statistical measure, between -1 and +1, of how two variables move together.