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.
Kensett is a city in White County, Arkansas, United States. Located adjacent to the east side of Searcy, the city is the hometown of noted legislator Wilbur D. Mills, who was influential throughout the 1960s in the United States House of Representatives. Max McDonald is the current mayor. The population was 1,791 at the 2000 census. It is also currently home to a very exotic Zonkey, who is usually used as one of the main attractions of Kensett and has become a very important part of White county's entertainment.