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.
Walhalla is a city in Oconee County, South Carolina, United States. It is located 16 miles (26 km) from Clemson University in Clemson, South Carolina. The population was 3,801 at the 2000 census. It is the county seat of Oconee County. The current mayor of Walhalla is Randy Chastain. Walhalla began as a settlement of German immigrants who left from Hamburg, Germany and Bavaria with some English, Scots and Irish who came over in the same ship. In particular, General John A. Wagener, Claus Bullwinkel, John C. Henckel, Jacob Schroder, and Christopher F. Seeba (trustees of the German Colonization Society of Charleston) bought 17,859 acres (72.27 km) of land for $27,000 from Reverend Joseph Grisham of West Union on December 24, 1849.