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.
Leopold is a small unincorporated community in Perry County in the U.S. state of Indiana. Located fifteen miles north of the Ohio River, this little village was founded in 1842 by the Reverend Augustine Bessonies and named for the then reigning king of Belgium, Léopold I. Most of the original settlers of Leopold were Belgian immigrants. With a population of less than 100, Leopold is the site of a Roman Catholic church, St. Augustine, a general store, Guillaume's Store, a restaurant, Marcy's, and a quiet atmosphere reminiscent of another time. On the last Sunday in July, Leopold holds its annual St. Augustine's picnic, which serves both as a fund raiser for the local parish and as a homecoming for former residents.