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.
Welches is an unincorporated community in Clackamas County, Oregon, United States. It is located within the Mount Hood Corridor between Zigzag and Wemme along U.S. Route 26. It is one of the communities that make up the Villages at Mount Hood. The community was named after Samuel Welch, a homesteader who settled near Welches Creek in 1882. A post office was established there in 1905. The first golf course in the state was built there in 1928, and today the largest hotel and golf resort in the corridor is located there, complete with croquet courts.