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.
Brooklyn is a city in Poweshiek County, Iowa, United States. The population was 1,367 at the 2000 census. It is located just off of U.S. Highway 6 and a few miles north of Interstate 80. Near the center of town Brooklyn boasts a large display of flags from each of the fifty states, the four branches of the military, and a smattering of others. The city bills itself as "Brooklyn: Community of Flags."