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.
Waverly is a city in Bremer County, Iowa, United States. The population was 8,968 at the 2000 census. It is the county seat of Bremer County and is part of the Waterloo–Cedar Falls Metropolitan Statistical Area. The sister city of Waverly is the German city of Eisenach, which is famous for the Wartburg castle. Waverly is also the home of Wartburg College which is named after this castle.