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.
Chipley is a city in Washington County, Florida, United States. Its population was 3,592 at the time of the 2000 U.S. Census. According to the United States Census Bureau estimates of 2005, the city had a population of about 3,682. Chipley is the county seat of Washington County, Florida. Originally called "Orange", the city was renamed Chipley in 1882, for the railroad businessman and Florida State Senator William Dudley Chipley.