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.
Tempe is a city in Maricopa County, Arizona, USA, with a 2008 population of 175,523. The city is named after the Vale of Tempe in Greece. Tempe is located in the East Valley section of the Phoenix Metropolitan Area; it is bordered by Phoenix and Guadalupe on the west, Scottsdale on the north, Chandler on the south, and Mesa on the east. Tempe is the location of US Airways Group's corporate headquarters, and of Arizona State University's oldest and largest campus.