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.
Bangor is a city in and the county seat of Penobscot County, Maine, United States, and the major commercial and cultural center for eastern and northern Maine. It is also the principal city of the Bangor, Maine Metropolitan Statistical Area which encompasses Bangor and all of Penobscot County. As of 2008, Bangor is the third-largest city in Maine, as it has been for more than a century. The population of the city was 31,473 at the 2000 census. The population of the Bangor Metropolitan Statistical Area is over 148,000. The population of the five-county area for which Bangor is the largest market town, distribution center, transportation hub, and media center, is over 325,000 people. Bangor is approximately 30 miles from Penobscot Bay up the Penobscot River at its confluence with the Kenduskeag Stream. It is connected by bridge to the neighboring city of Brewer. Other suburban towns include Orono (home of the University of Maine campus), Hampden, Hermon, Old Town, Glenburn, and Veazie.