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.
Bishopville is a small unincorporated community 10 miles (16 km) north of Berlin in Worcester County, Maryland, located at 38°26′35″N 75°11′38″W / 38.44306°N 75.19389°W / 38.44306; -75.19389. The community is just south of the Delaware state line. Bishopville arose at the site of a mill on and crossing of the Bishopville Prong of the St. Martin's River. The crossing, the main road through the community, is now Maryland Route 367.