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.
Ketchum is a city in Blaine County, Idaho, United States, in the central part of the state. The population was 3,003 at the 2000 census. It is in the Wood River Valley, adjacent to Sun Valley; the two communities share many resources and both sit in the same valley beneath Bald Mountain, with its world-famous skiing. The city also draws tourists from around the world to enjoy its fishing, hiking, trail riding, tennis, shopping, and more. The airport for Ketchum, Friedman Memorial Airport, is approximately 15 miles (24 km) south in Hailey. The elevation of downtown Ketchum is 5,853 feet (1,784 m). Ketchum was once an isolated mining and ranching town in the wilds of central Idaho. After the development of Sun Valley in 1936, the city became popular with celebrities, including Gary Cooper and Ernest Hemingway. Hemingway loved Ketchum and the surrounding area, fished, hunted and lived in the valley. It was in Ketchum that Ernest Hemingway took his own life; he and his granddaughter, model and actress Margaux Hemingway, are buried in the Ketchum Cemetery. Singer Ben Lee wrote a song dedicated to Ketchum which appears on his album Something to Remember Me By. Every Labor Day weekend, Ketchum hosts the Wagon Days festival, an old west themed carnival featuring wagon trains, including narrow wagons actually used to carry ore, a parade, and even simulated street gunfights.