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.
Picher was a city in Ottawa County, Oklahoma, United States. It was formerly a center of lead and zinc mining. The population was 1,640 at the 2000 census. Discoveries of ground contamination and the possibility of a cave-in of mines under the city have prompted all of its population to evacuate, and the nearby town of Cardin is following suit. The town is within the boundaries of the Tar Creek Superfund site.