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.
Rupert is the county seat and largest city of Minidoka County, Idaho, United States. It is part of the Burley, Idaho Micropolitan Statistical Area. The population was 5,645 at the 2000 census. Rupert sprung up after the announcement of the Minidoka Reclamation Project, which would provide irrigation and electricity to the area by the building of the Minidoka Dam. Electricity was plentiful in Rupert after the building of the Minidoka Dam and led to Rupert being one of the first cities in the world to have its streets lighted by electricity. Rupert was founded in 1906.