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.
Lake City is the county seat of Columbia County, Florida, in the United States. In 2006, the U.S. Census Bureau estimated the city's population at 11,953. In addition, it is the Principal City of the Lake City Micropolitan Statistical Area, which is composed of Columbia County, and had an estimated 2006 population of 67,007. The city's Sesquicentennial occurred in 2009.