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.
Fairfield Bay is a city in Cleburne and Van Buren counties in the northern part of the U.S. state of Arkansas. The population was 2,460 at the 2000 census. The population in its portion in Van Buren County, which accounts for the bulk of the city limits, makes the city the largest in Van Buren County. Fairfield Bay, located on the shore of Greers Ferry Lake, is a leading resort destination and is home to Fairfield Bay Resort, the namesake of Wyndham Worldwide-owned Fairfield Resorts.