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.
McCall is a resort city on the western edge of Valley County, Idaho, United States. Named after its founder, Tom McCall, it is situated on the southern shore of Payette Lake, near the center of the Payette National Forest. The population was 2,084 at the 2000 census. Originally a logging community whose last sawmill closed in 1977, McCall is now an all-season tourist destination for outdoor recreation. The resort town is known for its Winter Carnival, extended winters, and the highest average snowfall in the state. Nicknamed "Ski Town U.S.A. ", McCall is the home to many past winter Olympic athletes.