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.
Somerville is a town in Morgan County, Alabama. It is included in the Decatur Metropolitan Area, as well as the Huntsville-Decatur Combined Statistical Area. As of the 2000 census, the population of the town is 347. Somerville was the county seat of Morgan County from 1818 to 1891, when the seat was moved to Decatur. The town was named for Robert M. Summerville, an officer killed in 1814 during the Creek Indian War.