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.
Yakutat City and Borough is a unified city-borough in the U.S. state of Alaska. As of the 2000 census, the population was 808. The name is Tlingit, Yaakwdáat, meaning "the place where canoes rest," but it may originally derive from an Eyak name which has been lost. Besides the original city of Yakutat, described below, the only other significant population center in the borough is the community of Icy Bay, the site of the Icy Bay Airport, in the west-central part of the borough. Yakutat City is the largest city in the United States by area, and the eighth largest city in the world by area.