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.
Verbena is an unincorporated community in southeastern Chilton County, Alabama, United States. Named for the indigenous verbena, Verbena developed into a popular resort location for the more affluent citizenry of Montgomery, the state's capital, during the yellow fever outbreaks of the late 19th and early 20th centuries. Many stately homes, some of which have undergone recent renovation and restoration, line the streets of the town as a reminder of this historic past. The town was built beside the railroad currently owned by CSX Transportation. In its heyday, Verbena had two hotels, a bank, a post office, and a general store. Many of those buildings are gone or boarded up today, but the Verbena United Methodist Church still stands on County Road 59 near the town's center.