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.
Spencer is a city in Oklahoma County, Oklahoma, United States, and a part of the Oklahoma City metropolitan area. The population was 3,746 at the 2000 census. Established in 1903, the City of Spencer is a historic community located just east of the North Canadian River. Spencer is approximately ten miles from downtown Oklahoma City and borders the City of Nicoma Park to the east and the City of Midwest City to thsouth. Contributing to the cultural fabric of Spencer are the Spencer Chamber of Commerce, the Spencer Garden Club, and the Spencer Historical Society.