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.
Vero Beach is a city in Indian River County, Florida, USA. According to the U.S. Census Bureau's 2006 estimates, the city had a population of 16,939. It is the county seat of Indian River County. Vero Beach is a Principal City of the Sebastian–Vero Beach Metropolitan Statistical Area, which is home to 130,100 people. Vero Beach may be best known as the location of Dodgertown, where the Brooklyn/Los Angeles Dodgers baseball team held their spring training camp from 1948 until 2008 when it moved to a new facility in Glendale, Arizona. The stadium was also the home to the minor league Vero Beach Devil Rays; however, in August 2008 the franchise was sold to the Ripken Baseball Group and did not return to Vero Beach for the 2009 season. In 2009, Dodgertown was sold to Minor League Baseball, and there is no word yet if a new team will make it its home. Piper Aircraft Inc. builds aircraft here. Major industries include citrus fruit packing and tourism.