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.
Island Park is a city in Fremont County, Idaho, United States. The city's population was 215 at the 2000 census. The city was incorporated by owners of the many lodges and resorts along U.S. Route 20 in 1947, primarily to circumvent Idaho's liquor laws that prohibited the sale of liquor outside of city limits. It is only 500 feet (150 m) wide in most locations and, at 33 miles (53 km), claims to have the longest "Main Street" in the world. Island Park News is the community's newspaper, a weekly newspaper with a daily website and a recreation website. Henry's Fork Country is the recreation guide. Island Park is part of the Rexburg, Idaho Micropolitan Statistical Area.