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.
Pierce is a city in Clearwater County, Idaho. Elias D. Pierce and Wilbur F. Bassett made the first discovery of gold in Idaho, on Orofino Creek (Canal Gulch) in 1860, a mile (1.6 km) north of Pierce. . The population was 617 at the 2000 census. Pierce was once the county seat for Shoshone County, Washington Territory. The Pierce Courthouse, constructed in 1862, is Idaho's oldest public building. The Bald Mountain Ski Area is located 11 miles (18 km) northwest of Pierce.