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.
Ashland is a village, incorporated in 1963 and located in the northernmost portion of Natchitoches Parish, Louisiana, United States, just south of the Bienville Parish line. The population was 291 at the 2000 census. It is part of the Natchitoches Micropolitan Statistical Area. The mayor is W. Gahagan Lee, and the village council consists of Wayne Best and Carol Doyle, both Democrats, and Vincent Brown, a Republican. The police chief is Fred Holland, a Democrat.