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.
Fairmount is a town in Fairmount Township, Grant County in east central Indiana. The population was 2,866 at the 2006 census. It is ninety kilometers (fifty-five miles) northeast of Indianapolis. Largely a bedroom community to its three thousand citizens, Fairmount is best known as the boyhood home of actor James Dean, who is buried there.