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.
Checotah is a city in McIntosh County, Oklahoma, United States, named for the first elected Chief of the Creek Nation after the Civil War, Samuel Checote. The population was 3,481 at the 2000 census. Checotah is home to a large number of antique malls, a Civil War battle site and a downtown historic district. Checotah claims to be Steerwrestling Capital of the World. It is the hometown of 2005 American Idol winner and Country Superstar Carrie Underwood and country music singer Mel McDaniel as well as Paul H. Carr, the WWII naval hero, for whom the USS Carr (FFG-52) is named. The telephone area code is 918 and the postal ZIP code is 74426.