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Mergers And Acquisitions Law Lawyers In Tyrone New Mexico

Tyrone is a ghost town located in Grant County, New Mexico, United States, in the southwestern part of the state. Tyrone was an elaborately planned community financed by the Phelps Dodge Corporation, based on Mediterranean and European styles, designed by well-known architect Bertram Goodhue and built in 1915 at a cost of more than a million dollars. A drop in copper prices in 1921 closed the mines and the town was deserted. The townsite was later destroyed as part of Phelps Dodge's development of the Tyrone open-pit copper mine, which began operation in 1969.

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.