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.
Sandy Springs is an unincorporated community in Anderson County, South Carolina, United States. It is located on U.S. Route 76 between Anderson and Clemson. It is the birthplace of Freddie Stowers, the only African-American to be award the Medal of Honor for his service in World War I.