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.
Williston is a town in Barnwell County, South Carolina, United States. The population was 3,307 at the 2000 census. The town lies in the center of the Charleston-Hamburg railroad line, the line of the Best Friend locomotive. The train tracks were removed in the 1990s, however, the track site has been designated as historically significant by the South Carolina Department of Archives. This section of the train route is now the route of the South Carolina Heritage Corridor. There are 3 schools in the town: Williston-Elko High School, Williston-Elko Middle School, and Kelly Edwards Elementary School. A private school in Blackville, SC, Jefferson-Davis Academy, also serves a portion of the town's population.