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.
Farley is a city in Dubuque County, Iowa, United States. It is part of the Dubuque, Iowa Metropolitan Statistical Area. The population was 1,334 at the 2000 census, but is now estimated to be 1,415 (2006). Farley is the sixth-largest city in Dubuque County. Farley is home to a 1/2 mile dirt race track, the Farley Speedway.