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.
Durkee is an unincorporated community in Baker County, Oregon, United States. Although it is unincorporated, it has a post office with the ZIP code of 97905. Durkee lies at the Vandercar Road exit of Interstate 84. Durkee was originally a stage stop called Express, and by the 1860s it was the only transfer point between Umatilla and Boise. It prospered as a water stop and telegraph station for the railroad, and even later as a stop on Highway 30, the only paved road in the area. It was platted in 1908, even though the population had already peaked.