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.
The City of Fountain is a Home Rule Municipality located in El Paso County, Colorado, United States. Fountain is located just ten miles (16 km) south of Colorado Springs and just east of Fort Carson. Fountain and the Colorado Springs suburbs Security and Widefield make up the "Fountain Valley" community. According to 2006 Census Bureau estimates, the population of the city is 19,081. In 1999, Fountain was chosen as "America's Millennium City" by the New York Times based on the city's proximity to national census statistics and qualitative research on what American life was actually like at the turn of the last century. Fountain was named an "All-America City" in 2002 by the National Civic League. The city is the home of Pikes Peak International Raceway.