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.
Montgomery is the capital, second most populous city, and the fourth most populous metropolitan area in the Southern U.S. state of Alabama, and is the county seat of Montgomery County. It is located southeast of the center of the state, in the Gulf Coastal Plain. The city population was 201,568 as of the 2000 census. Montgomery is the primary city of the Montgomery Metropolitan Statistical Area, which had a 2000 population of 346,528, making it the fourth largest in the state. The city was incorporated in 1819, as a merger of two towns situated along the Alabama River. It became the state capital in 1846. In February 1861, Montgomery was selected as the first capital of the Confederate States of America, until the seat of government moved to Richmond, Virginia in May of that year. During the mid-20th century, Montgomery was a primary site in the African-American Civil Rights Movement, including the Montgomery Bus Boycott and the Selma to Montgomery marches. Today, in addition to housing many Alabama government agencies, Montgomery has a large military presence due to Maxwell Air Force Base, public universities Alabama State University, Troy University (Montgomery campus), and Auburn University-Montgomery, private colleges/universities Faulkner University, Huntingdon College, and ABA-accredited law school Thomas Goode Jones School of Law, high-tech manufacturing including Hyundai Motor Manufacturing Alabama, and cultural attractions like the Alabama Shakespeare Festival and Montgomery Museum of Fine Arts.