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.
Circle (also called Circle City) is a census-designated place (CDP) in Yukon-Koyukuk Census Area, Alaska, United States. At the 2000 census the population was 100. Circle is 260 km (162 miles) northeast of Fairbanks at the end of the Steese Highway. Circle was named by miners in the late 1800s who believed that the town was on the Arctic Circle. The Arctic Circle is actually about 80 km (50 miles) north of Circle. Circle is also the unofficial northern terminus of the Pan-American Highway. Every February, Circle City hosts a checkpoint for the long-distance Yukon Quest sled dog race.