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.
Wesley Chapel is a census-designated place (CDP) in Pasco County, Florida, United States. Wesley Chapel is considered part of the Tampa Bay Area metro. The population was 5,691 at the 2000 census. In 2003, some residents of Wesley Chapel started a movement to incorporate the community (including areas not in the official CDP). This "city," which would have been the largest and most populous in Pasco County, had much opposition from some wealthy, prominent residents, and never materialized.