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.
South Bay is a city in Palm Beach County, Florida, United States. It is the westernmost municipality in the South Florida metropolitan area. The population was 3,859 at the 2000 census. As of 2007, the population recorded by the U.S. Census Bureau is 4,506. While the current estimates place South Bay's population in the incorporated city limits at more than 4,000 people, surrounding areas increase the population figures to 54,000 people in a 25-mile radius and more than 1.4 million in a 50-mile radius.