Learn More About Mergers And Acquisitions Law in Preston, Oklahoma

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Preston is a small community located in Okmulgee County, Oklahoma. The post office was established December 13, 1909. It was named for an Okmulgee oilman, Harry Preston. Unrecognizable from the past, Preston was once a highly prosperous community, thriving mainly from the oil boom as did many of the surrounding communities. Later on, as the oil industry quieted in Preston, it served as a station for restocking trains and running cattle trails, loading water from Frisco lake. Many remnants of the station may be found throughout parts of Preston. Additionally, many old cattle trails and roads, though overgrown, are still distinguishable as such due to the heavy use and traffic. It currently has one school, three churches, a single gas station, feed store, heating and a/c shop, and an acclaimed small hamburger shop. Today, many of its occupants enjoy life there, but typically work elsewhere in the county.

Mergers And Acquisitions Law Lawyers In Preston Oklahoma

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What is mergers and acquisitions law?

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.