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.
Lanai City is a census-designated place (CDP) on the island of Lanai, in Maui County, Hawaii, United States. The population was 3,164 at the 2000 census. Because of the island of Lanai's small population, Lanai City functions as the island's main commerce and business area. Many of the island's restaurants and shops can be found in the town square that surrounds Dole Park. In April 2009, Lanai City was named one of the top most endangered historic sites in the U.S. It is home to an intact plantation town, something not found on any of the other Hawaiian Islands, dating back to the early 1920s. This historic district is threatened by commercial development, which would involve the demolition of a number of historic buildings. Lanai City is served by Lanai Airport (LNY).