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.
Acworth is a city in Cobb County, Georgia, United States. As of the 2000 census, the city had a total population of 13,422. Census estimated a 2005 population of 17,428. Nicknamed the “Lake City,” is located in the foothills of the North Georgia Mountains along the southeastern banks of Lake Acworth and Allatoona Lake on the Etowah River. Acworth's nickname is "The Lake City. " Acworth Beach is located on nearby Lake Allatoona and Lake Acworth.