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.
Walland is an unincorporated community in Blount County, Tennessee, in the Southeastern United States. Walland is the site of a post office and is the place name associated with zip code 37886, which covers an area beyond the Walland community. Walland is not a census-designated place, but the Zip Code Tabulation Area for the Walland zip code had a population of 3,746, according to the 2000 U.S. Census.