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.
Choccolocco is an unincorporated community in Calhoun County, Alabama, United States. It was founded in 1832. The community gained brief notoriety in 2001 when The Daily Show aired a piece on the "Choccolocco Monster", a part of local folklore concerning sightings of a mysterious creature in the area in the late 1960s. An October 2001 article in the Anniston Star newspaper revealed that the creature was, in fact, local resident Neal Williamson dressed in a cow skull and a sheet. As a teenager, Williamson would don his costume and gain the attention of passing cars by jumping out of the woods onto the roadside, often startling motorists.