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.
Balm is an unincorporated, rural community located in southeastern Hillsborough County, Florida, approximately 18 miles southeast of Tampa. It is the location of Goodson Farms packing house and vegetable/fruit stand. In 2005, Goodsons had begun rebuilding the stand on the intersection of McGrady Road and 301. It was completed in late 2006. There are also four tropical fish farms and a small holding area for Barnum and Bailey's circus animals. One well known landmark is the Balm post office, which has been part of the community for over 50 years. The small town is undergoing construction of new houses and may eventually be upgraded to a suburb, hopefully bringing mail delivery and broadband Internet service to the area. As of today, the town is constantly being neglected by the county. On January 17, 2007, it was announced that a previously scheduled mitigation project had been canceled. This was attributed to the weak real-estate.