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.
Daleville is a city in Dale County, Alabama, United States. At the 2000 census the population was 4,653. It is part of the Enterprise–Ozark Micropolitan Statistical Area. The city's nickname is "Gateway to Fort Rucker", as this U.S. Army post is located just north of town. Cairns Army Airfield is located to the south of Daleville on the road to nearly Clayhatchee.