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.
Cleveland is a city in Bolivar County, Mississippi, United States. The population was 13,841 at the 2000 census. It is best known as the home of Delta State University. In addition, Cleveland has a fairly large commercial economy, with numerous restaurants, stores, and services along U.S. Highway 61. The city is served by the newspaper, The Bolivar Commercial. Cleveland is one of the two county seats (the other being Rosedale) of Bolivar County, Mississippi, which was named for the South American liberator Simon Bolivar.