OpenJurist

Mergers And Acquisitions Law Lawyers In Portales New Mexico

Portales is a city in and the county seat of Roosevelt County, New Mexico, United States. The population of Portales and its near suburbs, contained in Zip Code 88130, was nearly 17,000 people in 2007, not including a majority of the city's college students. 2007 census. Portales is located near the larger city of Clovis as well as Cannon Air Force Base, a major contributor to the economy of the region. Eastern New Mexico University opened in Portales in 1934 and has grown to become the third largest university in the state. Portales is one of the largest producers of Valencia peanuts in the United States and is the nation's top producer of Certified Organic peanut butter. Portales is home to over 40 dairies and a major US dairy solids plant, together producing and exporting hundreds of millions of dollars of local milk products each year. Portales is the principal city of the Portales Micropolitan Statistical Area, which is part of the larger Clovis-Portales Combined Statistical Area, including Clovis, 20 miles away and Cannon Air Force Base, 12 miles away.

What is mergers and acquisitions law?

In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.