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 Parker is a Home Rule Municipality in Douglas County, Colorado, United States. As a self-declared "Town" under the Home Rule Statutes, Parker is the most populous town in the county. In recent years, Parker has become a commuter town at the southeasternmost corner of the Denver Metropolitan Area. As of the U.S. Census 2000, the town population was 23,558. Its population as of 2008 is estimated at 43,767, over 145 times its population of 285 when Parker incorporated in 1981. Parker is now the 17th most populous municipality in the State of Colorado. The town's rapid growth in recent decades is often credited to Jim Nicholson, whose fourteen years spent developing the area earned him the town's first "Cornerstone Award".