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.
Hurtsboro is a town in Russell County, Alabama, United States. At the 2000 census the population was 592. It was founded in 1857 as Hurtsville and named for Joel Hurt, Sr. (whose son, Joel Hurt, was an important developer of Atlanta, Georgia). A railroad spur from Columbus, Georgia was completed the next year and in 1883 the town name was changed to Hurtsboro. The town is part of the Columbus, Georgia-Alabama Metropolitan Statistical Area.