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.
Show Low is a city in Navajo County, Arizona, United States. It lies on the Mogollon Rim in east central Arizona, at an elevation of 6,400 feet (1,951 m). The city was established in 1870 and incorporated in 1953. According to 2007 Census Bureau estimates, the population was 11,763. According to the legend, the city was named after a marathon poker game between C.E. Cooley and Marion Clark. The two men decided there was not enough room for both of them in their settlement. The two men agreed to let a game of cards decide who was to move. According to the tale, Clark said, "If you can show low, you win. " Cooley turned up the deuce of clubs (the lowest possible card) and replied, "Show low it is. " The stakes were a 100,000 acre (400 km²) ranch. Show Low's main street is named "Deuce of Clubs" in remembrance. In 2002, a large forest fire, the Rodeo-Chediski fire, threatened the city and forced an evacuation. The city is near extensive forests, and in normal times is a popular recreational area.