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.
Saratoga is a town in Carbon County, Wyoming, United States. The population was 1,736 at the 2000 census. Saratoga is the home of the Steinley Cup microbrew competition, held every August at Veterans Island Park, a playground and picnic facility located on a small island in the North Platte River. There is also a public pool heated by a hot spring located in Saratoga. Saratoga is one of many western communities economically devastated by consolidation, automation and the changing business practices of multinational timber companies. The town's largest private employer, its sawmill, closed in 2003. The town's two largest employers now are the United States Forest Service and Carbon County School District No. 2, both public sector employers. The town's motto is, "Where The Trout Leap In Main Street. " The local newspaper is the Saratoga Sun. From 1978-1982, Carbon County was represented in the Wyoming House of Representatives by Democrat Thomas E. Trowbridge (1930-2009), a dairy farmer from Saratoga. From 1982-1986, Trowbridge was a member of the Wyoming State Senate. He was later appointed by Governor Mike Sullivan to the Wyoming State Board of Equalization. Trowbridge's father, Elton Trowbridge, also a Democrat, held the state House seat from Carbon County from 1961 until his death in office in 1974.