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.
Union Grove is a small town in Marshall County, Alabama, United States, and is included in the Huntsville-Decatur Combined Statistical Area. Union Grove is located approximately three miles from Guntersville Lake and six miles from Arab. Electricity service in Union Grove is provided through Arab Electric Cooperative, which comes through the Tennessee Valley Authority. As of the 2000 census, the population of the town is 94.