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.
Pilot Grove is an unincorporated community in northern Lee County, Iowa, United States. It lies along local roads northwest of the city of Fort Madison, the county seat of Lee County. Its elevation is 643 feet (196 m), and it is located at 40°45′46″N 91°32′13″W / 40.76278°N 91.53694°W / 40.76278; -91.53694Coordinates: 40°45′46″N 91°32′13″W / 40.76278°N 91.53694°W / 40.76278; -91.53694 (40.7628123, -91.5368236). Although Pilot Grove is unincorporated, it has a post office, with the ZIP code of 52648, which opened on 1837-05-01. There has not always been a Pilot Grove post office since that date: it was discontinued on 1894-06-30, and when it was reestablished on 1895-08-07, it was under the name of Overton. The name was not restored to Pilot Grove until 1908-03-19. Pilot Grove is part of the Fort Madison–Keokuk, IA-MO Micropolitan Statistical Area.