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.
Latta is a town in Dillon County, South Carolina, United States. The population was 1,410 at the 2000 census. The town is the birthplace of soul vocalist Chuck Jackson and opera composer Carlisle Floyd. It is also the hometown of NBA basketball player Raymond Felton, and Major League Soccer soccer player Kevin Sox. One thing to be noted in the city limits is the Carnegie Library located in the center of town.