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.
Elk City is a city in Beckham County, Oklahoma, United States. The population was 10,510 at the 2000 census. Elk City is located on Interstate 40 and Historic U.S. Route 66 in Western Oklahoma, approximately 110 miles west of Oklahoma City and 150 miles east of Amarillo.