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.
Porthill is an unincorporated community in Boundary County, Idaho, United States, located near the Canadian border into British Columbia. Idaho State Highway 1 runs straight through the community and to the Porthill Port of Entry which then turns into British Columbia Highway 21. The Porthill Port Entry is used as the American Port only. Rykerts, British Columbia acts as the Canadian Crossing.