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.
Carmel is a city in Hamilton County, Indiana, United States. The population was 37,733 at the 2000 census but has been growing very rapidly. In 2007, a special census recorded the city population at 68,677. Carmel is one of many affluent edge cities on the North side of Indianapolis. Until 1874, the settlement where present day Carmel now sits was called Bethlehem. Today, the plot first established in Bethlehem, located at the intersection of Rangeline Road and Main Street, is marked by a clock tower, donated by the local Rotary Club in 2002. In 1924, one of the first automatic traffic signals in the United States was installed at the intersection of Main Street and Range Line Road. The signal that was installed was the invention of Leslie Haines and is currently in the old train station on the Monon.