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.
Cave Junction, incorporated in 1948, is a city in Josephine County, Oregon, United States. As of the 2000 census, the city population was 1,363, with an estimated population of 1,685 in 2007. Its motto is the "Gateway to the Oregon Caves," and the city got its name by virtue of its location at the junction of Redwood Highway and Caves Highway. It is 93% white, with 29% of residents living below the poverty line. Cave Junction is located in the Illinois Valley, where, starting in the 1850s, the non-native economy depended on gold mining. After World War II, timber became the main source of income for residents. As timber income has since declined, Cave Junction is attempting to compensate with tourism and as a haven for retirees. Tourists visit the Oregon Caves National Monument, which includes the Oregon Caves Chateau, as well as the Out'n'About treehouse resort and the Great Cats World Park zoo.