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.
Potter is a village in Cheyenne County, Nebraska, in the United States. As of the 2000 census, the village population was 390. On July 6, 1928 the then world's largest hailstone fell in Potter - the diameter was 5½ inches, and it weighed 1½ pounds. When cut in half it was found to be a single hailstone rather than several frozen together. The Tin-Roof Sundae was invented in Potter.