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.
Romance is an unincorporated community in west-central White County, Arkansas. The community is located approximately halfway between the town of Rose Bud to the north, and the unincorporated community of El Paso to the south. Alternately, the community is about 16 miles (26 km) northwest of Beebe, and less than 5 miles (8.0 km) east of Mount Vernon. Considered as a postal designation, the population of Romance as of the 2000 census was 1,732 residents.