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.
Bloomington is an unincorporated town at the confluence of the North Branch Potomac River and Savage River in southeastern Garrett County, Maryland. It lies to the west of Luke on MD 135 (state highway 135) and is bounded to the northwest by Savage River State Forest. Originally known as Llangollen when the town's post office was established on December 4, 1872, its name was later changed to Bloomington. Jennings Randolph Lake to the southwest was completed in 1982 as Bloomington Lake but was renamed in 1987 by the United States Congress for West Virginia Senator William Jennings Randolph. A proposal has been filed with the Federal Energy Regulatory Commission by Fairlawn Hydroelectric Company to construct a 10.5 MW hydroelectric facility at the Army Corps of Engineers-operated dam for the lake. If approved, construction could occur as early as 2012.