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.
The City and Borough of Sitka is a unified city-borough located on the west side of Baranof Island in the Alexander Archipelago of the Pacific Ocean (part of the Alaska Panhandle), in the U.S. state of Alaska. With an estimated population of 8,986 in 2005, Sitka is the fourth-largest city by population in Alaska. The name Sitka (derived from Sheet’ká, a contraction of the Tlingit name Shee At'iká) means "People on the Outside of Shee," Sheet’-ká X'áat'l (often expressed simply as Shee) being the Tlingit name for Baranof Island.