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.
Palo is a city in Linn County, Iowa, United States. The population was 614 at the 2000 census; a special census in 2006 counted 899 residents. It is part of the Cedar Rapids Metropolitan Statistical Area. Palo is located near the Duane Arnold Energy Center, the only nuclear power plant in Iowa, and the Pleasant Creek State Recreation Park.