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 Steamboat Springs is a Home Rule Municipality that is the county seat and the most populous city of Routt County, Colorado, United States. The city known as "Steamboat," "The Boat," or "Ski Town USA" had a population of 9,815 at the U.S. Census 2000. The town is an internationally known winter resort destination. The Steamboat Springs tourism industry is highlighted by the Steamboat Ski Resort, which is on Mount Werner in the Park Range just east of the town. It also contains the much smaller Howelsen Ski Area. It is located in the upper valley of the Yampa River, along U.S. Highway 40 just west of the Continental Divide at Rabbit Ears Pass. It is served by Yampa Valley Airport.