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.
Lake Worth is a city in Palm Beach County, Florida, which takes its name from the body of water along its eastern border, originally called "Lake Worth", and now generally known as the Lake Worth Lagoon. The lake itself was named for General William J. Worth, who led U.S. forces during the last part of the Second Seminole War. As of 2006, the population recorded by the U.S. Census Bureau was 36,342. The city is part of the South Florida metropolitan area, which is home to 5,463,857 people.