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.
Stonington is a town in Hancock County, Maine, United States. The population was 1,152 at the 2000 census. It includes the villages of Oceanville and West Stonington. A picturesque old seaport and tourist destination on Penobscot Bay, the town is home to Stonington Municipal Airport, and terminus for mailboat ferry service to the island town of Isle au Haut.