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.
Miami Beach is a city in Miami-Dade County, Florida, United States. The city was incorporated on March 26, 1915. It is located on a barrier island between Biscayne Bay and the Atlantic Ocean; the Bay separates Miami Beach from the city of Miami, Florida. The city is often referred to under the umbrella term of "Miami," despite being a distinct municipality. As of the 2000 census, the city had a total population of 87,933. 55.5% of the population was foreign born. A 2005 population estimate for the city was 87,925. Miami Beach has been one of America's pre-eminent beach resorts for almost a century.