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.
Pall Mall is a small unincorporated community in the Wolf River valley of Fentress County, Tennessee, United States. Pall Mall is located near the Kentucky-Tennessee border in northeastern-central Tennessee. The population was at 1,398 people according to the 2000 census. The World War I hero Alvin York was raised in Pall Mall. His son Andrew Jackson York currently lives in the town. York is commemorated at the Sgt. Alvin C. York State Historic Park in Pall Mall, which includes the family farmhouse and grist mill. York is buried at Wolf River Cemetery in Pall Mall. Two notable natives of Pall Mall also include U.S. Representative Lincoln Davis and fugitive Billy Dean Anderson.