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.
Sherwood is a city in Pulaski County, Arkansas, United States, and a suburb of Little Rock. According to 2005 Census Bureau estimates, the population of the city was 23,149. Since then, the city has annexed the neighboring community of Gravel Ridge following voting in early 2008, and Sherwood's population as a result has increased to at least 26,381 residents (including 3,232 Gravel Ridge residents), ranking it as the 16th largest city in Arkansas, behind Benton. It is part of the Little Rock–North Little Rock–Conway Metropolitan Statistical Area.