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.
Branchville is a town in Orangeburg County, South Carolina, United States. The population was 1,083 at the 2000 census. Branchville is famous for having the world's oldest railroad junction. Today, the train depot is a museum. Back when the depot was in use, three presidents stopped by the depot and ate in the dining room. The presidents were William H. Taft, William McKinley, and Teddy Roosevelt. Today, the dining room is a restaurant called "Eatery at the Depot". Each year Branchville celebrates its railroad history by holding a Raylrode Daze festival. This event is usually held the last full weekend in September. The first festival was held in 1969.