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 historic City of Gunnison is a Home Rule Municipality that is the county seat and the most populous city of Gunnison County, Colorado, United States. As of the U.S. Census 2000, the city had a total population of 5,409. The city was named in honor of John W. Gunnison, a United States Army officer who surveyed for the transcontinental railroad in 1853. Gunnison is the home of Western State College of Colorado. The Gunnison-Crested Butte Regional Airport serves the valley and nearby Crested Butte, Colorado with both commercial airline and general aviation flights. Gunnison's newspaper, Gunnison Country Times, is published weekly. There are also various radio stations that serve the area, including KWSB-FM (91.1), which is affiliated with Western State College. KBUT of Crested Butte also simulcasts NPR broadcasts at 89.9 FM.