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.
Knightstown is a town in Wayne Township, Henry County, Indiana, along the Big Blue River. The population was 2,148 at the 2000 census. Knightstown is famous for the 1986 movie Hoosiers. The Hoosier Gym was used in the filming of the movie. Knightstown hosts two annual festivals. Jubilee Days held in early-mid June and The Hoosier Fall Festival held in September. Knightstown also hosts an annual car show and a music series on the town square. The Hoosier Gym also hosts Indiana's best high school basketball players in the annual Hoosier Classic.