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.
Benson is a city in Cochise County, Arizona, in the United States, 45 miles east-southeast of Tucson. According to 2006 Census Bureau estimates, the population of the city is 4,934. The city was founded in 1880 when the Southern Pacific Railroad came through. It was named after Judge William B. Benson, a friend of the president of the railroad. The city is perhaps best known as the gateway to Kartchner Caverns State Park.