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.
Putnamville, Indiana is an unincorporated community in Warren Township, Putnam County, Indiana, located on U.S. Route 40 at the intersection of State Road 243. Putnamville was named after Revolutionary War hero and Putnam County namesake, Israel Putnam. Located in Putnamville is the Lincoln Park Speedway, which features different types of oval-track dirt racing, including sprint cars, and is held every Saturday evening throughout the spring, summer and fall. Also located just a half mile west of Putnamville is the Putnamville Correctional Facility, also known as "the state farm". One interesting fact about Putnamville: not only did Abraham Lincoln come through on his way to Springfield, Illinois on the old national trail (now US 40), he stayed the night in a small hotel, which is still there today, located just a few blocks behind the post office.