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.
Woodruff is an unincorporated community in Navajo County, Arizona, United States. Woodruff is 10.5 miles (17 km) southeast of Holbrook. Woodruff has a post office with ZIP code 85942. Woodruff was settled in 1876 by a group of Latter-day Saints led by Nathan Tenney and including Tenney's son Ammon M. Tenney. It was initially called Tenney's Settlement. In 1878 Lorenzo H. Hatch became the head of the LDS branch there. At that point it was named Woodruff after Wilford Woodruff.