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.
Delmar is a small, rural, unincorporated community in west-central Winston County, United States. Delmar is located six miles north of Natural Bridge five miles south of Haleyville and 15 miles west of Double Springs, the county seat of what was once the "Free State of Winston. " Delmar has an elevation of 881 feet above sea level.