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.
The city of Gretna is the parish seat of Jefferson Parish, in the US state of Louisiana. "Gretna, Louisiana (LA) Detailed Profile" (notes), City Data, 2007, webpage: C-Gretna. "Census 2000 Data for the State of Louisiana" (town list), US Census Bureau, May 2003, webpage: C2000-LA. </ref> Gretna is on the west bank of the Mississippi River, just east and across the river from uptown New Orleans. It is part of the New Orleans–Metairie–Kenner Metropolitan Statistical Area. The population was 17,423 at the 2000 census.