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.
Alliance is a city in Box Butte County, Nebraska, United States. The population was 8,959 at the 2000 census. It is the county seat of Box Butte County. The town was originally named Grand Lake. When the Chicago, Burlington and Quincy Railroad came to Grand Lake in 1888, the railroad superintendent, G.W. Holdrege, wanted to change it to a simple one-word name closer to the beginning of the alphabet, which he thought would be better for business. The U.S. Post Office gave Holdrege permission, and he picked "Alliance" for the new name of the town. Alliance is the home to Carhenge (a replica of Stonehenge constructed with automobiles), which is located just north of the city.