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.
Klawock is a city in Prince of Wales-Hyder Census Area, in the U.S. state of Alaska, on the west coast of Prince of Wales Island, on Klawock Inlet, across from Klawock Island. The population was 854 at the 2000 census. It is 90 km (56 mi) from Ketchikan, 11 km (seven mi) from Craig, and 39 km (24 mi) from Hollis.