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.
Frankford is a town in Sussex County, Delaware, United States. The population was 714 at the 2000 census. It is part of the Seaford, Delaware Micropolitan Statistical Area. Located on U.S. Route 113, Frankford, was founded in 1808 and incorporated in 1937. The town was named Frankford Village in 1848 upon the acquisition of a post office. The establishment of the Pennsylvania Railroad brought a hotel, commercial establishments and an opera house to make Frankford a thriving commercial and cultural center. Today, the town is a mere shadow of that golden era with just a handful of thriving businesses.