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.
Hydro is a town in Blaine and Caddo counties in the U.S. state of Oklahoma. The population was 1,060 at the 2000 census. Hydro was home to Lucille Hammons, a Route 66 icon dubbed "The Mother of the Mother Road. " Her motel and gas station still stand on Old Route 66 just west of Hydro. A modern replica of the station, with a large restaurant attached, is in nearby Weatherford. In downtown Hydro, an old-fashioned drug store still serves sodas and lunch. Also downtown is the "World Famous Hydro Bar. " The bar has been in business since the early years of Hydro and still has pictures of the old-fasioned wood swinging doors that used to be the front doors to the bar. Minnie Lou Bradley, matriarch of the Bradley 3 Ranch in the Texas Panhandle, grew up on a wheat farm near Hydro.