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.
Strafford is a city in eastern Greene County, Missouri, United States. The population was 1,845 at the 2000 census, a small 2% of the population is African American and only .5% is Hispanic. It is part of the Springfield, Missouri Metropolitan Statistical Area. Strafford, just East of Springfield hosts a Route 66 Cruise and Route 66 Days each year in celebration of "Route 66".