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.
Eidson is an unincorporated community located on Clinch Mountain in Hawkins County, Tennessee, United States. It is part of the Kingsport–Bristol (TN)–Bristol (VA) Metropolitan Statistical Area, which is a component of the Johnson City–Kingsport–Bristol, TN-VA Combined Statistical Area – commonly known as the "Tri-Cities" region. The community is the site of the Clinch School, a K-12 public school operated by Hawkins County. Clinch School is the smallest K-12 school in the state, with a 2006-2007 enrollment of 133 students. The main school building was constructed in 1938 as a Works Progress Administration project to provide a high school for the Eidson community. Before the high school was built, Clinch School ended at grade 10, and students wishing to continue their education past that level attended Rogersville High School, Grainger County High School, or Hancock County High School. A new Clinch School is under construction as of autumn 2009. Eidson is also the site of a post office, assigned the zip code 37731. The town was named after a group of families living there with the surname Eidson. Among them was Andrew Jackson Eidson, a patriarch of the branch of Eidsons found throughout East Tennessee. Many Eidson are concentrated around upper Hawkins County.