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.
Elbert is an unincorporated community and the location of a U.S. Post Office in Elbert County, Colorado, United States. The community is named for a past Colorado territorial governor and state Supreme Court Justice Samuel Hitt Elbert. The Elbert Post Office has the ZIP Code 80106. Elbert was a bustling center until May 31, 1935, when Kiowa Creek, a stream next to the community, flooded suddenly and washed away half of the community. It now is the location of only a few stores, churches, and houses. The majority of Elbert residents are involved in the agriculture sector. On June 15, 2009 at 1:46 pm, a large three quarter mile-wide, EF2 tornado touched down in rural fields west of the town. The tornado came within 2 miles of the town at its closest. The tornado destroyed a barn at a farm and damaged an airplane hangar. During the summer, Elbert is much busier due to a nearby Boy Scout Camp, Peaceful Valley Scout Ranch, which has 10,000 visitors annually. Additionally, 2.8 miles south of Elbert lies the J-CC Ranch Camp, a Jewish camp owned by the Denver Jewish Community Center. Elbert lies along Elbert Road, which connects the town of Kiowa to U.S. Route 24. The largest nearby city is Elizabeth, which is about 15 minutes' drive away.