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.
Sanford is a city in and the county seat of Seminole County, Florida, United States. The population was 38,291 at the 2000 census. As of 2006, the population recorded by the U.S. Census Bureau was 49,124. An older agricultural and resort area, Sanford is home to the Delta Connection Academy, Seminole State College of Florida and the Central Florida Zoo and Botanical Gardens. The city is situated beside Lake Monroe and the St. Johns River. It is part of the Orlando–Kissimmee Metropolitan Statistical Area.