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.
Norman is a city in and the county seat of Cleveland County, Oklahoma, United States, and is part of the Oklahoma City metropolitan area. It is located in central Oklahoma, approximately 20 miles south of downtown Oklahoma City. As of 2009, Norman was estimated to have 106,957 full-time residents, making it the third-largest city in Oklahoma. It is the largest city in Cleveland County and is the county’s center for business and employment. In 2008, CNN/Money Magazine ranked Norman as the 6th best small city in the United States, the highest of any city in Oklahoma and the American Southwest. Founded during the Land Run of April 1889, and formally incorporated in 1891, the city’s economy is primarily based on higher education and related research industries. Norman is home to the University of Oklahoma, the largest university in the state with approximately 30,000 students enrolled.