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.
Machias is a town which is most famous for the role it had in the American Revolution. Machias is in and the county seat of Washington County, Maine, United States. As of the 2000 census, the town population was 2,353. It is home to the University of Maine at Machias and Machias Valley Airport, a small public airport owned by the town. The word Machias roughly translates to "bad little falls" in Passamaquoddy. Located on the Machias River in downeast Maine, it was settled in 1763 by settlers from Scarborough.