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.
Herriman is a city in southwestern Salt Lake County, Utah, United States. The population was 1,523 at the 2000 census. Although Herriman was a town in 2000, it has since been classified as a fifth-class city by state law. The city has experienced rapid growth since incorporation, and according to U.S. Census Bureau estimates, the population was 17,689 in 2008. It grew from being the 111th-largest incorporated place in Utah in 2000 to the 34th-largest according to estimates.