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.
Clarkston is a city in DeKalb County, Georgia, United States. The population was 7,231 at the 2000 census. The city is home to the central campus of Georgia Perimeter College. The city is noted for its diversity. In the 1990s refugee resettlement programs identified Clarkston as a good fit for displaced persons of many different backgrounds. The rental market was open, residents were moving farther out from the Atlanta urban core, and Clarkston was the last stop on a transit line into the city. By the 2000s the local high school had students from more than 50 countries; a local mosque had 800 worshippers; and by some estimates, half the population was from outside the U.S.