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.
Taswell is an unincorporated community in Patoka Township, Crawford County, Indiana, located on State Road 64 west of the county seat of English. It was established at a crossroads and had a post office and a small railroad depot serving the farmers and other inhabitants of the area. Since the 1980s when Patoka Lake filled, Taswell's economy has been dominated by tourism, boating and recreational services.