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.
Chalmette is a census-designated place (CDP) in and the parish seat of St. Bernard Parish, Louisiana, United States. The population was 32,069 at the 2000 census. It is part of the New Orleans–Metairie–Kenner Metropolitan Statistical Area. The community was named after plantation owner I. Martin de Lino de Chalmette, whose surname in turn is derived from the French word chalmette — "pasture land, fallow land" (used especially in a mountainous area) — and has been traced to the Proto-Celtic *kalm.