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.
Ocean Park (also known as "Ocean Park Historic Buildings" or "Temple Square" or "Chautauqua-By-The-Sea") is an unincorporated community in the town of Old Orchard Beach in York County, Maine, United States. A historic family style summer community affiliated with the Free Will Baptists, the site is located on Temple Avenue on Saco Bay.