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.
Oakland is a city located along the West Nishnabotna River in Pottawattamie County, Iowa, United States. As of the 2000 census, the city had a total population of 1,487. Formerly named Big Grove, Oakland is home to Nishna Heritage Museum. The artist Frank Tenney Johnson was born on his family's farm nearby in 1874.