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 Town of Springfield is a Statutory Town that is the County seat and most populous town of Baca County, Colorado, United States. The population was 1,562 at the 2000 census. The town was named for Springfield, Missouri, the origin of early settlers to the town. According to the Plainsman Herald from March 1988, the Town was settled in 1888 or 1889 by Frank Pierce Tipton (DPOB 10 Dec 1852, Gallopolis, Ohio) who had travelled to Springfield from Moulton, Iowa via Springfield, MO in 1886 or 1887 in a covered wagon. Frank Tipton secured the title to 80 acres (320,000 m) which was the original town site. Springfield has one school district which is RE-4. The Superintendent, and elementary principal is Mike Page, and the High School principal is Richard Hargrove. The town has one library.