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.
Pauline is a small, rural unincorporated community in Spartanburg County, South Carolina, United States . Until the 1890s, Pauline was known as Stribling. The community took the name "Pauline" when they were to name a post office and the name "Stribling" was already taken; "Pauline" was the first name of the postmaster's daughter at the time.