Learn More About Mergers And Acquisitions Law in Pinopolis, South Carolina

Advertisement
Pinopolis is an unincorporated community in Berkeley County, South Carolina, United States. Founded circa 1845, it was established at a high elevation in the "low country" of South Carolina and it gave an escape from mosquitoes and uncomfortable heat. It became a gathering place for those of means during this time. It shared this aspect with other communities throughout the plantation economy of this era. A lady resident spontaneously coined the name "Pinopolis" because of the many pine trees. This is probably a reflection of schooling that included references to Greek and Latin. During the pre-Civil War period it developed in this way and maintained as a place of polish and refinement. In the post-Civil War period and during the change of the South, it became the location of the first elementary school for black students. In 1939, the Santee Cooper Project dammed the Santee River, flooding nearly 175,000 acres (710 km) and creating Lake Moultrie in 1946. Because of its high elevation, Pinopolis was spared from the flooding, and now exists as a peninsula on the lake.

Mergers And Acquisitions Law Lawyers In Pinopolis South Carolina

Advertisement

What is mergers and acquisitions law?

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.