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.
Bluffton is a town in Beaufort County, South Carolina, United States. The population is 37,000 and center of the Bluffton Urban Cluster with a total population of 5,848. However, this separated urban area currently defined as Bluffton is quickly becoming contiguous to that of the significantly larger Hilton Head Island adjacent to it. As designated by the U.S. Census Bureau, Bluffton is included within the Hilton Head Island–Beaufort Micropolitan Statistical Area. Bluffton is known for its rapid development, currently among the fastest in the state of South Carolina. A large amount of land has been annexed in the last few years leaving behind the old "One Square Mile" adage.