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.
Arkansas City is a city situated at the confluence of the Arkansas and Walnut rivers in the southwestern part of Cowley County, located in south-central Kansas, in the central United States. The population was 11,963 at the 2000 census. It is the second most populous city of Cowley County. The name of this city is not pronounced like the nearby state of Arkansas, but rather as /ɑrˈkænzəs/ (the final "s" is pronounced). Over the years there has been much confusion about the regional pronunciation of "Arkansas," which locals render as /ɑrˈkænzəs/ rather than /ˈɑrkənsɔː/. Throughout much of Kansas, residents use this alternate pronunciation when referring to the Arkansas River, as well as Arkansas Street in the city of Wichita. Very few people from other states, and even much less from the state of Arkansas, use or have ever heard the anglicized pronunciation. Because of this, and for the sake of brevity, Arkansas City is most often referred to as simply Ark City.