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.
Rosemary Beach is an unincorporated master planned community in Walton County, Florida, United States. A traditional new town development designed by Duany Plater Zyberk & Company, Rosemary Beach followed in the footsteps of Seaside in recreating the feel of a community. Founded in 1995, the town encompasses about 105 acres (0.42 km) and when completed will have just over 500 homesites and a mixed use town center with shops, restaurants, and activities. As of November, 2006, the town is more than 70% complete. It looks out on the white sands of the Emerald Coast and is within Inlet Beach, Florida. Rosemary Beach was the location for the HGTV Dream Home contest in 1999 where a lucky contestant won a furnished home and an automobile. The town is a master-planned community located on the popular beachside road, 30-A. Its design is to remind visitors of a West Indies beachside resort.