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.
Fairbanks is a Home Rule City in and the borough seat of the Fairbanks North Star Borough, Alaska, United States. Fairbanks is the largest city in the Interior region of Alaska, and second largest in the state behind Anchorage. It is the principal city of the Fairbanks, Alaska Metropolitan Statistical Area which encompasses all of the Fairbanks North Star Borough and is the northernmost Metropolitan Statistical Area in the United States. According to 2008 Census Bureau estimates, the population of the city is 35,132, and the Fairbanks metropolitan area's population was 97,970. Fairbanks is home to the University of Alaska Fairbanks, the oldest college in Alaska.