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.
Allgood is a town in Blount County, Alabama, United States. At the 2000 census the population was 629. According to the 2005 U.S. Census estimates, the town had a population of 693. The mayor of Allgood, Alabama, is Nell Payne. The "Welcome to Allgood" sign on the outskirts of the town has an upside-down 'G'. This error has since been corrected by the mayor.