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.
Douglas, Alaska is an area on Douglas Island in southeastern Alaska. It originated in 1881 as a place providing services to miners of the nearby Treadwell gold mine, and was incorporated as a city in 1902. Douglas was once a larger town than neighboring Juneau, but dwindled in the early 1900s as mining activity moved to other locations. Today Douglas is a residential community on Douglas Island and is legally a part of the City and Borough of Juneau. It is connected to Juneau, which is on the Alaska mainland, by a bridge over the Gastineau Channel that separates them. The Alaska Department of Corrections has its headquarters in Douglas.