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.
San Manuel is a census-designated place (CDP) in Pinal County, Arizona, United States. The population was 4,375 at the 2000 census. San Manuel was built in 1953 as a company town to serve the then-new San Manuel copper mine, mill and smelter complex. The mine and smelter were permanently closed in 2003. Nearby towns are Oracle, Arizona and Mammoth, Arizona. Both are within ten miles (16 km) of San Manuel and make up the tri-community area.