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.
Bayou La Batre is a town in Mobile County, Alabama, United States. It is included in the Mobile metropolitan statistical area. At the 2000 census, the population was 2,313. According to the 2005 U.S. Census estimates, the city had a population of 2,725. Bayou La Batre is a fishing village with a seafood-processing harbor for fishing boats and shrimp boats. The local Chamber of Commerce has described the city as the "Seafood Capital of Alabama" for packaging seafood from hundreds of fishing boats. Bayou La Batre was the first permanent settlement on the south Mobile County mainland and was founded in 1786, when French-born Joseph Bouzage (Bosarge) [1733-1795] was awarded a 1,259-acre (5.1 km) Spanish land grant on the West Bank of the bayou (see history below). The modern City of Bayou La Batre was incorporated in 1955. Bayou La Batre was featured in the 1994 movie Forrest Gump and the book upon which it is based. In April 2005, Disney Studios launched a secretly built pirate ship, the Black Pearl, out of Bayou La Batre for filming sequels to '. On August 29, 2005, the area was devastated by Hurricane Katrina, which produced the largest storm surge ever recorded in the area, reaching nearly 16 feet and pushing many shrimp boats and the cargo ship M/V Caribbean Clipper onto shore.