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.
Armorel is an unincorporated township located in Mississippi County, Arkansas. A largely rural area with most of its land devoted to forests and farms, population estimates are variously given as between 300 and 500 people. Most of the town lies between U.S. Highway 18 and U.S. Highway 312. The town was founded in 1899 by lumber magnate and president of Lee Wilson and Company, R.E.L. Wilson as one of his many company holdings. Wilson was an eclectic and colorful figure with vast land holdings in the Delta area after the Civil War. Also a big believer in education, Wilson was one of the original trustees of Arkansas State University, then A & M College. He sat on the board from 1917 until his passing in 1933. The town's name was formed from the abbreviations of Arkansas and Missouri, along with the first three initials of its founder, R.E.L. Wilson.