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.
Cornville is a census-designated place (CDP) in Yavapai County, Arizona, United States. The population was 3,335 at the 2000 census. The Cornville CDP includes the communities of Cornville and Page Springs. Cornville and Page Springs are rapidly-growing suburban areas that serve as bedroom communities for nearby Sedona and Cottonwood, Arizona. Both communities are located along scenic Oak Creek, a tributary of the Verde River. Lower Oak Creek has been designated an Important Bird Area by the National Audubon Society. Page Springs hosts the large Page Springs fish hatchery, operated by Arizona Game and Fish. Adjacent to the hatchery are creekside hiking trails and bird-watching areas. Cornville's best known resident is U.S. Senator and 2008 Republican Presidential candidate John McCain. McCain's home in the community, referred to in the media as his "Sedona Cabin," is where he and his running-mate, Alaska governor Sarah Palin, prepared for their debates.