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.
Escalante is a city in Garfield County, Utah, United States, along Utah Scenic Byway 12. As of the 2000 census, the city population was 818. The town was named after Silvestre Vélez de Escalante, a Franciscan missionary and the first European explorer in the region. In 1776, Escalante and his Spanish superior Francisco Atanasio Domínguez left from Santa Fe, New Mexico on an attempt to reach Monterey, California (EarthMetrics,1989). During this journey, usually referred to as the Dominguez-Escalante Expedition, Escalante and his companions passed by the Grand Canyon and were among the first white men to enter Utah.