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.
Morristown is a city in and the county seat of Hamblen County, Tennessee, United States. A small portion of the city extends into Jefferson County. The population was 24,965 at the 2000 census. It is the principal city of the Morristown, Tennessee Metropolitan Statistical Area, which encompasses all of Grainger, Hamblen and Jefferson counties. The Morristown metropolitan area is also a part of the Knoxville-Sevierville-La Follette, TN Combined Statistical Area.