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.
Newberry is a city in Newberry County, South Carolina, 43 miles (69 km) west -northwest of Columbia. The charter was adopted in 1894. In 1890, 3,020 people lived in Newberry, South Carolina; in 1900, 4,607; in 1910, 5,028; and in 1940, 7,510. The population was 10,580 at the 2000 census. It is the county seat of Newberry County. Newberry became a city in 1976, but the change was not reported to the Census Bureau for over twenty-five years. As a result, the city was listed as a town in the 2000 census.