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.
Castalian Springs is an unincorporated community in Sumner County, Tennessee, United States. It is located along Tennessee State Route 25 about seven miles east of Gallatin, Tennessee. The area has its own post office. The Zip Code for Castalian Springs is 37031. In the early 19th century, it was known locally as Bledsoe's Lick. On February 5, 2008, in the 2008 Super Tuesday tornado outbreak, the town was hit by a strong tornado (at least EF2) that claimed 7 lives. The structure Wynnewood was heavily damaged by the storm and the post office was completely destroyed. Castalian Springs captivated news headlines when an 11-month-old boy, Kyson Stowell, was found alive in the debris of his house. Originally thought to be a children's doll, the boy moved just slightly when a rescuer, David Harmon, noticed the movement. He had been blown 150 yards. Kyson's mother who was shielding him had died in the storm. Among the notable natives of Castilian Springs / Bledsoe's Lick was William B. Bate, a governor of Tennessee, U.S. Senator, and Confederate major general in the American Civil War, and Humphrey Bate, an early Grand Ole Opry string band leader.