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.
Letha is an unincorporated town in Gem County, Idaho, United States. It is located approximately 9 miles (15 kilometers) west of Emmett. Letha was founded by W.W. Wilton and a Colonel Barnard and named for Wilton's daughter, Letha Wilton. It was built approximately midway along the railway running from Emmett to New Plymouth, with anticipation that it would become a major rail center; although this never occurrect, Letha today remains a service center for the adjacent farms and ranches. The community includes an elementary school, fire department, post office, general store, and motor vehicle service station. Higher education, police, medical and legal services are found at nearby Emmett.