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.
Liberty is a city in and the county seat of Liberty County, Texas, United States and a part of the Houston-Sugar Land-Baytown metropolitan area. The population was 8,033 at the 2000 census. Liberty is the third oldest city in the state—established in 1831 on the banks of the Trinity River. The city also has an exact replica of the Liberty Bell from Philadelphia, Pennsylvania. Its area code is 936 and its ZIP code is 77575.