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.
Bass Harbor (also McKinley) is a village in Hancock County, Maine, United States. It is within the town of Tremont on Mount Desert Island, and near Acadia National Park. With its well-protected natural harbor, it ranks as one of the most lucrative lobster producing ports in the state. Bass Harbor Head Lighthouse lies at the mouth of the harbor. The village is terminal for both the Swans Island ferry and Frenchboro ferry. Bass Harbor was once known as McKinley. In the early 1900s, when a post office was built in the village, federal officials asked what the post office should be named. Someone remarked, "Name it after the president for all we care. " The post office was named McKinley, and the village was known as McKinley until 1961 when residents petitioned to change the name back to Bass Harbor. It is located at 44°14′24″N 68°20′38″W / 44.24°N 68.34389°W / 44.24; -68.34389 (44.2400807, -68.3439060).