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.
Zalma, once known as Bollinger's Mill, is a small river town quietly nestled on the banks of the winding Castor River at a point where the river makes a horseshoe bend in southern Bollinger County in Southeast Missouri. When the railroad moved to town, the name Bollinger's Mill was changed to Zalma, named after a railroad worker named Zalma Block. Zalma used to be a busy town of 300 residents. As of the 2000 U.S. Census, it had a population of 93. A 2008 estimate, however, showed the population to be 94, an increase of 1.08%. Zalma was not officially recognized until January 25, 1910. Zalma is said to come from a Native American word meaning "the end. " Zalma is part of the Cape Girardeau–Jackson, MO-IL Metropolitan Statistical Area.