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.
Milfay is a small unincorporated community in Creek County, Oklahoma, United States. The post office was established December 14, 1911. The community was named after Charles Mills and Edward Fay, two railroad officials. In the 2003-2005 HBO fictional television series Carnivàle, Milfay is the home town of Ben Hawkins, the series' main protagonist.