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.
Blacksburg is a town in Cherokee County, South Carolina, United States. The population was 1,880 at the 2000 census. The communities of Cherokee Falls, Kings Creek, Cashion Crossroads, Buffalo, and Mt. Paran are located within or near the town. Blacksburg is in The Upstate of SC on the I-85 corridor about 45 miles southwest of Charlotte, North Carolina and is part of the Greenville-Spartanburg-Anderson Combined Statistical Area (CSA) which has a population of 1,173,433 according to 2004 estimates by the U.S. Census Bureau.