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.
Driggs is a city in Teton County, Idaho, United States. It is part of the Jackson, WY-ID Micropolitan Statistical Area, and is located in Teton Valley. The population was 1,100 at the 2000 census. The city is the county seat of Teton County. It was founded by Don Carlos Driggs, whose descendants later moved to Arizona and founded Western Savings and Loan where most live still, though some remain in Idaho. John Driggs, a descendant of Don Carlos Driggs, later became the mayor of Phoenix, Arizona in the 1970s. National Geographic magazine listed Driggs as one of the 10 best outdoor recreation destinations in the U.S.