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.
Ponca City is a city in in Ponca and Páⁿka Chína in Otoe, the languages of two nearby tribes. Located in north central Oklahoma, it lies 18 miles (29 km) south of the Kansas border and 15 miles (24 km) east of Interstate 35. The population was 25,919 at the 2000 census, making it the largest city in Kay County. The city is near the Salt Fork of the Arkansas River and Kaw Lake, which provide recreational opportunities. Ponca City is served by Ponca City Regional Airport.