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.
Naknek is a census-designated place located in Bristol Bay Borough in the U.S. state of Alaska. As of the 2000 census, the population of the CDP was 678. Naknek is located on the north bank of the Naknek River, close to where the river runs into the Kvichak Bay arm of the northeastern end of Bristol Bay. South Naknek is on the other side of the river. The local economy is almost entirely based on salmon fishing.