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.
Ismay is a town in Custer County, Montana, United States. The population was 26 at the 2000 census. The town's name is an amalgamation of Isabella and May, the names of the daughters of Albert J Earling, division superintendent (later president) of the Chicago, Milwaukee and St. Paul Railway. Other communities with related names include Earling, Iowa; Marmarth, North Dakota; and Alberton, Montana. As a publicity stunt coordinated by the Kansas City Chiefs in 1993, the town unofficially took the name of Joe, Montana, after the NFL quarterback Joe Montana.