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 La Junta is a Home Rule Municipality that is the county seat and the most populous city of Otero County, Colorado, United States. The city population was 7,568 at the U.S. Census 2000. La Junta is located in southeast Colorado, on the Arkansas River east of Pueblo. During World War II, La Junta had an Army Air Force Training Base outside town. The airport, located 5 miles (8.0 km) north of La Junta, has 77 acres (31 ha) of tarmac and two runways which are still in use. One runway (east-west) is 6,851 feet (2,088 m) long and the other is 5,800 feet (1,800 m). . In 1979, the first episodes of the CBS western miniseries The Chisholms, starring Robert Preston, was filmed near La Junta. The Caboose (pictured below right) is the drive through for the State Bank which was established in 1893. The bank is unique as it has been remodeled with antiques, including a teller line from the late 1890s.