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.
Winslow is a city in Navajo County, Arizona, United States. According to 2005 Census Bureau estimates, the population of the city is 9,931. It was named for either Edward F. Winslow, president of St. Louis and San Francisco Rail Road, which owned one half of the old Atlantic and Pacific Railroad or Tom Winslow, a prospector who lived in the area. The last Harvey House (the La Posada Hotel) opened in 1930. It was designed by Mary Colter. The hotel closed in 1957 and was used by the Santa Fe Railroad for offices. The city, which was a stop on the U.S. Route 66, was bypassed by I-40 in the 1970s. It achieved national fame in 1972 in the Eagles song “Take it Easy” which had the verse “standing on a corner in Winslow, Arizona. " The Santa Fe Railroad abandoned the La Posada in 1994 and announced plans to tear it down. It was saved and now caters to Route 66 fans.