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.
Skull Valley is a small, unincorporated, and rural, ranch community in Yavapai County, Arizona, United States. It is located twelve miles west of Prescott. There is a general store, a gas station, a cafe, an elementary school, an autoshop, a fire station, a church, and a post office. As of the 2003 census, the population in the Skull Valley Elementary School District was 525 people. Skull Valley was home to George Phippen (1915–1966), a well known western artist, co-founder and first president of the Cowboy Artists of America.