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.
New Salisbury is an unincorporated community in Harrison County, Indiana. The community is centered on the intersection of State Highway 135 and State Highway 64, about 8 miles north of Corydon. New Salisbury has many businesses and homes. Businesses include two gas stations, a grocery store, a drug store, a bank, a veterinarian's office, doctor offices, a transport company, and a manufacturing company among others. The area is within the North Harrison Community School Corporation. The area has submitted to the State of Indiana to be incorporated. If approved New Salisbury would be the fourth largest town in Harrison County. Currently the area is governed by the Harrison County Government and represented by a council member on the County Council.