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.
Spencer is a city in Clay County, Iowa, United States, at the confluence of the Little Sioux and Ocheyedan Rivers. The population was 11,317 at the 2000 census. It is the county seat of Clay County. Spencer is famous as the home of the Clay County Fair, held annually in September AND DEWEY Readmore Books, the Library Cat . The fair averages over 300,000 visitors per year. Spencer was ranked 10th best place to live in the United States by Relocate-America. com's "America's Top 100 Places to Live for 2007."