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.
Piedmont is a city in Meade County, South Dakota, United States. Piedmont lies in the Racetrack or Red Valley which circles most of the Black Hills. Piedmont takes its name from the French words pied (foot) and mont (mountain) and the fact that the town lies at a point where the Black Hills rise particularly abruptly from the Red Valley. Although newly incorporated (since July 2008), Piedmont has been inhabited since the coming of the railroad in the 1800s. Piedmont is mostly a bedroom community to nearby Rapid City, but also has construction and forest products businesses nearby. The Piedmont area has experienced three large forest fires since 2003,the Piedmont, Ricco, and Eastridge Fires. In August, 2007 Piedmont experienced a flood rated as a 100-year event in which 6" of rain fell in less than an hour, with runoff exacerbated by the steep terrain burned in the Ricco Fire. The flooding was accompanied by up to baseball-sized hail. Piedmont has been assigned the ZIP Code of 57769.