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.
Murphy is an unincorporated community in Owyhee County, Idaho, United States. The county seat of Owyhee County, it is one of the smallest county seats nationwide. Murphy formed around a railhead of the Boise, Nampa and Owyhee Railroad built in 1899. The town succeeded Silver City as county seat in 1934. The railroad operated until 1947. The community is named after Cornelius "Con" Murphy, a Boise, Nampa and Owyhee Railroad crew boss. Murphy is located 25 miles south of Nampa. Murphy is part of the Boise City–Nampa, Idaho Metropolitan Statistical Area.