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 Town of Grand Lake is a Statutory Town located in Grand County, Colorado, United States. The population was 447 at the 2000 census. This town is at an elevation of 8437 feet (2572 m) and was established in 1879. It derives its name from the nearby Grand Lake, the largest natural body of water in the state. The town was originally an outfitting and supply point for the mining settlements of Lulu City, Teller City and Gaskill, but today is more of a tourist town. It was incorporated June 23, 1944 and briefly held the county seat from 1882 to 1888.