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.
Midland is an unincorporated community in Klamath County, Oregon, United States, about eight miles south of Klamath Falls on U.S. Route 97. The site was platted in 1908 and named Midland, with a post office established in 1909. At the time it was said the name was chosen because the town was halfway between Portland and San Francisco on the proposed Cascade Line of the Southern Pacific Railroad. It is not halfway, however, and it is now thought that the name refers to the town's site on land partly surrounded by marshes. When the Cascade Line reached Midland, the community served as a depot and shipping point for cattle and other livestock, and it once had two general stores, a hotel with a saloon, a livery stable, a warehouse for grain and a telephone office. Little remains in Midland today, but Klamath County's visitor center is located there.