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.
Saraland is a city in Mobile County, Alabama, in the United States, and a suburb of Mobile, Alabama. As of the 2000 census, the population of the city is 12,288. It is a part of the Mobile metropolitan statistical area. Saraland is the third largest city in Mobile County. Royal Dutch Shell operates the Shell Saraland Refinery in Saraland.