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.
Fayette is a city in Fayette County, Iowa, in the United States. As of the 2000 census, the city population was 1,300. It was named after the Marquis de la Fayette, French hero of the American Revolutionary War. Fayette is the home of Upper Iowa University, a small private college. The Volga River State Recreation Area is located just north of Fayette, and many other parks and natural areas are located nearby.