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.
Madras is a city in Jefferson County, Oregon, United States. Originally called The Basin after the circular valley the city is located in, it is unclear as to whether Madras was named in 1903 for the cotton fabric called "Madras" that originated in the Chennai area in India, or from the city of Chennai, which was also "Madras". The population was 5,078 at the 2000 census, with an estimated population of 6,640 in 2008. It is the county seat of Jefferson County.