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.
Climbing Hill is an unincorporated community in Woodbury County, Iowa, United States. Its elevation is 1,135 feet (346 m). The community was named by C. E. Ostrander, the first settler and postmaster, whose home was on high ground and could not be reached except by climbing a hill. The name was kept, though the community was moved several times and was finally located on level land around 1867. Although it is unincorporated, it has a post office, with the ZIP code of 51015. The community is part of the Sioux City, IA–NE–SD Metropolitan Statistical Area.