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.
John Day is a city located about 1 mile (1.6 km) north of Canyon City in Grant County, Oregon, at the intersection of U.S. Routes 26 and 395. The city was named for the nearby John Day River, which had been named for a Virginian member of the 1811 Astor Expedition, John Day. The city was incorporated in 1901. As of the 2000 census, the city had a total population of 1,821, making it the largest city in the county. The official population estimate in 2002 was 1,672.