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.
Damascus is a city in Clackamas County, Oregon, United States. Incorporation in 2004, the city is located east of Happy Valley and Interstate 205 and west of Boring. The area that later became the city had a population of 9,022 in 2000. The population estimate for the city on July 1, 2005, was 9,670 (the first estimate available after incorporation), with the population growing to 9,985 residents as of the 2009 estimate.