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.
Hermiston is a city in Umatilla County, Oregon, United States, near the junction of I-82 and I-84. U.S. Route 395 also goes through the center of the city. Hermiston is seven miles south of the Columbia River, Lake Wallula, and the McNary Dam. The Umatilla Chemical Depot and the Umatilla Chemical Agent Disposal Facility are five miles west of the city, northeast of the intersection of I-84 and I-82. As of 2006, the estimated population is 15,410 residents. Hermiston is the smaller of the two principal cities of the Pendleton-Hermiston Micropolitan Statistical Area, a micropolitan area that covers Morrow and Umatilla counties and had a combined population of 81,544 at the 2000 census.