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.
The City of Redmond Oregon, incorporated on July 6, 1910, is located on the eastern side of Oregon's Cascade Range and is considered the geographical heart of Central Oregon, within easy access to a multitude of recreational opportunities including mountain biking, fishing, hiking, camping, rock climbing, white-water rafting, skiing, and golf. Redmond is a progressive full-service municipality and one of the fastest growing industrial and residential communities in the State of Oregon. Redmond had a population of 13,481 in 2000 and has grown to an estimated population of 25,445 residents; the growth rate continues to be about 8% per year. This High Desert community encompasses 15 1/2 square miles (approx. 9,974 acres) and is located on a flat plateau, at an elevation of 3,077 feet above sea level. Redmond is 15 miles north of Bend, the county seat for Deschutes County; 144 miles from Portland; 129 miles from Salem, the State Capital; and 126 miles from Eugene.