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.
De Soto is a city in Jefferson County, Missouri, United States. The population was 6,477 at the estimated 2008 census. The town was organized in 1857 and is named for the explorer Hernando De Soto, who claimed the Louisiana Territory for Spain. De Soto was the city closest to the mean center of U.S. population in 1980. The city celebrated its Bicentennial in 2003. The city made national news on and after May 6, 2003, when straightline winds/tornado struck.