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.
Morrill is a village located in the extreme west panhandle of Scotts Bluff County, Nebraska, United States. It is part of the Scottsbluff, Nebraska Micropolitan Statistical Area. The population was 957 at the 2000 census. In 1886 the first settlers found a fertile valley at the mouth of the Sheep Creek draw and staked their claims. They came from Fort Collins, Colo. , in search of a new home. They called their new home Collins, which was located nearly a mile north of present Morrill. In 1900 the railroad determined the relocation of what is now Morrill. The new town was named for Charles Henry Morrill, president of the Lincoln Land Company. As president he laid out a tract of land for a town. In 1901 a post office was opened and the Village of Morrill was incorporated in April 1907. Some of the original buildings are still occupied today with thriving businesses. Electricity came to Morrill about 1912.