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.
Gallatin is a city in and the county seat of Sumner County, Tennessee, United States, along a navigable tributary of the Cumberland River. The population was 23,230 at the 2000 census. Named for U.S. Secretary of the Treasury Albert Gallatin, the city was established and made the county seat of Sumner County in 1802. Several national companies have facilities or headquarters in Gallatin, including GAP, Inc. , RR Donnelley, and Servpro Industries, Inc. Gallatin was formerly the headquarters of Dot Records. The city is also home to Volunteer State Community College, the largest two-year college in the state.