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.
Lake Village is a city in Chicot County, Arkansas, United States. The population was 2,823 at the 2000 census. The city is the county seat of Chicot County. Lake Village is named for its location on Lake Chicot, an oxbow lake formed from the Mississippi River. Lake Chicot is the largest oxbow lake in North America and the largest natural lake in Arkansas. The state Tourist Information Center in Lake Village is located on a pier extending out into Lake Chicot. It is the only Center in the state completely heated and cooled by solar energy. However, it is scheduled to be replaced by a more modern center. According to legend, the remains of Hernando De Soto are buried in Lake Chicot. Also, Charles Lindbergh made his first nighttime flight over Lake Chicot and Lake Village in April 1923. See here for a list of sites associated with the de Soto Expedition.