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.
Wright City is a town in McCurtain County, Oklahoma, United States, along the Little River. The population was 848 at the 2000 census. Wright City was once home to a Weyerhaeuser plant; it closed permanently in mid March 2009 due to the slowed lumber industry. Weyerhaeuser was Wright City's economic power engine, and its closing affected 165 employees.