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.
Pryor Creek, usually known as simply Pryor, is a city in Mayes County, Oklahoma, United States. The population was 8,659 at the 2000 census. Originally named Coo-Y-Yah, Cherokee for Huckleberry, it was renamed Pryor Creek, the name of the local railroad station (named for the creek). Due to confusion in distinguishing handwritten mailing addresses to Pryor Creek and Pond Creek, the U.S. Postal Service name for the city was shortened to Pryor, though the official name of the city remains Pryor Creek.