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.
Crane Hill (also Cranehill or Springhill) is an unincorporated community in Cullman County, Alabama, United States. It is located at 34°5′38″N 87°3′47″W / 34.09389°N 87.06306°W / 34.09389; -87.06306 (34.0939910, -87.0630624). This community has a local post office, fire department, a Dollar General, a gas station (DJ's Texaco), a few churches. Mt. Hope Missionary Baptist Church is notably the oldest church in the community. The church was originally built in 1877, the same year Cullman became a county. The church has been moved several times throughout the years. The church now sits besides DJ's Texaco, and the church building was erected in 1962. The minister during that time was Whitt Harbison. Currently, Patrick Cleghorn is the minister of the church since 2004. Also, from 1904-1996, Dowling Jr. High School used to be the main spectacle of the community. The school had some very special memories. In 1936, the school caught on fire, but was rebuilt soon after. Everyone that ever attended that school was family. It was a relatively small school population wise. In 1996, arsonists burned down the school and it was a very heartbreaking event to many residents of the community. The school was never rebuilt. The main highway that runs through Crane Hill, is 222. Also, Crane Hill has a bank (People's Bank). Also, it has a senior center where senior citizens congregate every week. The community is mainly Caucasian, with a few people of Indian and Irish descent.