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.
Ketchikan is a city in Ketchikan Gateway Borough, Alaska, United States, and the southeasternmost sizable city in that state. With an estimated population of 7,368 in 2007, it is the fifth most populous city in the state. Ketchikan's economy is based upon tourism and fishing, and the city is known as the "Salmon Capital of the World. " The Misty Fjords National Monument is one of the area's major attractions. Ketchikan is named after Ketchikan Creek, which flows through the town. Ketchikan comes from the Tlingit name for the creek, Kitschk-hin, the meaning of which is unclear. It may mean "the river belonging to Kitschk"; other accounts claim it means "Thundering Wings of an Eagle. " Ketchikan's secondary post office box zip code, 99950, is the highest zip code ever assigned in the United States. Most residents use the zip code 99901. The lower end of the U.S. ZIP Code system is in the town of Agawam, MA, with its reservation defined at 01001. Ketchikan also has the world's largest collection of standing totem poles, located at three major locations: Saxman Village, Totem Bight, and the Totem Heritage Center.