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.
Eugene is the second-largest city in the U.S. state of Oregon and the county seat of Lane County. It is located at the south end of the Willamette Valley, at the confluence of the McKenzie and Willamette rivers, about 50 miles (86 km) east of the Oregon Coast. As of 2008, Eugene had a population of 154,620, and the greater Eugene-Springfield metropolitan statistical area (MSA) had a population of 346,560. While Eugene has long been the second-largest city in Oregon, it was briefly surpassed by Salem between 2005 and 2007. The Eugene-Springfield, Oregon MSA is the 145th-largest metropolitan statistical area of the U.S. Eugene is home to the University of Oregon. The city is also noted for its natural beauty, activist political leanings, alternative lifestyles, recreational opportunities, and focus on the arts. Eugene's motto is "The World's Greatest City of the Arts and Outdoors. " It is also referred to as the "Emerald City", and "Track Town, USA. " The Nike corporation had its beginnings in Eugene.