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.
Counce is an unincorporated community in Hardin County, Tennessee, United States. Counce is located on Tennessee State Route 57 near the Mississippi border. The community is adjacent to the Tennessee River near the Pickwick Landing Dam. Counce is the terminus of a Kansas City Southern line which was originally the Corinth and Counce Railroad and later became part of the MidSouth Rail Corporation before Kansas City Southern took over MidSouth.