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.
Estill Springs is a town in Franklin County, Tennessee, United States. The population was 2,152 at the 2000 census. It is the fourth largest in the county, and is usually referred to as simply "Estill" by its inhabitants (Oscar Myer Jones) . Estill Springs is part of the Tullahoma, Tennessee, Micropolitan Statistical Area.