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.
New Iberia is a city in and the parish seat of Iberia Parish, Louisiana, United States, 30 miles (48 km) southeast of Lafayette. In 1900, 6,815 people lived in New Iberia, Louisiana; in 1910, 7,499; and in 1940, 13,747. The population was 32,623 at the 2000 census. New Iberia is the principal city of the New Iberia Micropolitan Statistical Area, which includes all of Iberia Parish.