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.
Tipton is a town in Tillman County, Oklahoma, United States. The population was 916 at the 2000 census. Tipton also is home to the Tipton's children's Home which was founded in 1928, when Sol Tipton donated a plot of land to the founders. The original Home was in Canadian Texas. Tipton lies on the northern portion of the Tillman Terrace Aquifer, an alluvial aquifer in western Tillman County, associated with the southern extent of the North Fork of the Red River. The farmland surrounding Tipton is noted for high quality soils. "Tipton loam" is considered to be among the most ideal soils in the United States. Much of the farmland is devoted to irrigated cotton. Other crops include Alfalfa, silage corn, and wheat. Truck crops were grown in this area until the 1950s and have made a recent comeback.