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.
South Paris is a census-designated place (CDP) located within the town of Paris in Oxford County, Maine, in the United States. The population was 2,237 at the 2000 census. While the CDP refers only to the densely settled area in the southern part of the town of Paris, the entire town is located within the South Paris ZIP code, resulting in many residents referring to the entire town as South Paris.