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.
Isle of Palms is a city in Charleston County, South Carolina, United States. As of the 2000 census, the population on the island was 4,583. Isle of Palms is a barrier island on the South Carolina coast, northeast of Charleston, South Carolina. As defined by the U.S. Census Bureau, Isle of Palms is included within the Charleston-North Charleston Urbanized Area and the larger Charleston–North Charleston–Summerville Metropolitan Statistical Area.