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.
Pickens, formerly called Pickens Courthouse, is a city in Pickens County, South Carolina, United States. The population was 3,012 at the 2000 census, at which time it was listed as a town; the change to a city was made in 1998, but not reported to the Census Bureau until 2001. It is the county seat of Pickens County. It was named after Andrew Pickens (1739–1817), an American revolutionary soldier and US Congressman for South Carolina. Pickens is part of the Greenville–Mauldin–Easley Metropolitan Statistical Area.