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.
Paisley is a census-designated place (CDP) in Lake County, Florida, United States. The population was 734 at the 2000 census. It is part of the Orlando–Kissimmee Metropolitan Statistical Area. Paisley is home to Boy Scout Camp La-No-Che on the north shore of Lake Norris which at times during the summer and other special events has a larger population than the CDP itself. On the morning of February 2, 2007, a tornado touched down in the community and was blamed for at least 14 deaths.