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.
Anderson is a city in and the county seat of Anderson County, South Carolina, United States. The population was 25,514 at the 2000 census, and the city was the center of an urbanized area of 70,530. It is the principal city of the Anderson, South Carolina Metropolitan Statistical Area, which is further included in the larger Greenville-Spartanburg-Anderson, South Carolina Combined Statistical Area . Anderson is just off Interstate 85 and is 120 Miles from Atlanta and 140 miles from Charlotte. Anderson is the smallest of the three primary cities that makes up the Upstate region and is nicknamed "The Electric City" and "The Friendliest City in South Carolina. " Anderson's spirit and quality of life has earned national recognition as Anderson County was named an "All-America City" in 2000. Anderson is the home of Anderson University, a selective private university of approximately 2,300 undergraduate and graduate students. Clemson University is about 14 Miles from Anderson and many of the faculty and staff of Clemson live in Anderson. Tri-County Technical College also serves the Anderson Area and has it's main campus about 12 Miles from Anderson on US 76.