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.
Chatsworth is a city in Murray County, Georgia, United States. It is part of the Dalton, Georgia Metropolitan Statistical Area. The population was 3,531 at the 2000 census, but was estimated around 3,890 as of the 2005 census. The city is the county seat of Murray County. According to a popular legend, the town received its name after a road sign with the word "Chatsworth" fell off a passing freight train nearby. Someone put the sign on a post, and the name stuck¹. Just East of Chatsworth is Fort Mountain, and the Fort Mountain State Park.