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.
Boaz is a city in Etowah and Marshall Counties in the U.S. state of Alabama. It is part of the 'Gadsden, Alabama Metropolitan Statistical Area'. As of the 2000 census, the population of the city is 7,411. According to the 2005 U.S. Census estimates, the city had a population of 7,893. Boaz is nationally known as an outlet shopping destination. It is the "Shop 'til you drop" Capital of Alabama.