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.
Ware Shoals is a town in Abbeville, Greenwood, and Laurens counties in the U.S. state of South Carolina, along the Saluda River. The population was 2,363 at the 2000 census. The Greenwood County portion of Ware Shoals is part of the Greenwood Micropolitan Statistical Area, while the Laurens County portion is part of the Greenville–Mauldin–Easley Metropolitan Statistical Area.