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.
Shoals is a town in Center and Halbert townships, Martin County, Indiana, United States. The population was 807 at the 2000 census. The city is the county seat of Martin County. Home of rodeo champ Roger Atkison Shoals is best known for the Jug Rock, the USA's largest free-standing table rock formation East of the Mississippi River. The Shoals Catfish Festival is held annually on the July 4th holiday weekend.