Q: What department stores merged to form Macy's?
A: Boston is an intellectual, technological, and political center but has lost some important regional institutions, including the acquisition of The Boston Globe by The New York Times, and the loss to mergers and acquisitions of local financial institutions such as FleetBoston Financial, which was acquired by Charlotte-based Bank of America in 2004.
Does the answer correctly answer the question

Possible answers: a. yes. b. no.
b.