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.
Hanksville is a small town in Wayne County, Utah, United States, at the junction of State Routes 24 and 95. The town is just south of the confluence of the Fremont River and Muddy Creek, which together form the Dirty Devil River, which then flows southeast to the Colorado River. Its population was estimated at 203 in 2006. The town was settled in 1882, and known for a time for the name given to the surrounding area, Graves Valley. It took the name of Hanksville in 1885, after Ebenezer Hanks, who was the leader of the group of pioneers who established the small Mormon settlement. It was not incorporated until January 6, 1999. The REA brought electricity to the community in 1960. Today agriculture, mining, and tourism are the main drivers to the local economy. Tourism is particularly important with people coming for recreation at Lake Powell, Capitol Reef National Park, the Henry Mountains, the San Rafael Swell, Goblin Valley State Park, and the solitude of the surrounding deserts and slot canyons. Hanksville was a supply post for Butch Cassidy and the Wild Bunch, who would hide out at Robbers Roost in the desert southeast of town. During the uranium mining frenzy following World War II, Hanksville became a supply center for the prospectors and miners scouring the deserts of the Colorado Plateau. Many abandoned mines can be found in the deserts surrounding the town. The Hanksville-Burpee Quarry is located nearby and the Mars Desert Research Station is located seven miles northwest of town.