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.
Ponte Vedra Beach is an unincorporated seaside community in St. Johns County, Florida, United States, 18 miles (29 km) southeast of downtown Jacksonville and 26 miles (42 km) north of St. Augustine. It is an upmarket tourist resort best known for its association with golf. It is the home of the ATP Tour, the PGA Tour, and The Players Championship is played at The Tournament Players Club at Sawgrass. Sawgrass is also the new home of The MPS Group Championships, a women's tennis tournament. The area is known for its resorts including the Ponte Vedra Inn and Club (a AAA five diamond resort), the Lodge and Club (four diamonds), and the Marriott at Sawgrass (three diamonds). It also lies in the fourth wealthiest county in Florida, ranking just behind the Palm Beach and Naples areas. Most of the beaches have limited public access, with the exception of Mickler's Landing and Guana Tolomato Matanzas National Estuarine Research Reserve. Golf, tennis and boating are other popular activities.