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.
Nesmith is an unincorporated community in Williamsburg County, South Carolina, United States. It was a station on the Seaboard Air Line Railroad line which was built about 1912. Today it consists of a post office, fire station, and a country store, serving a large rural area which depends on agriculture and logging. Black Mingo Creek flows alongside the hamlet. The community was named after the Nesmith family.