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.
Coltons Point is an unincorporated community in what is popularly called the "Seventh District" of St. Mary's County, Maryland, United States. Here are located a small historical museum, a lighthouse, and a Catholic devotional monument to the miraculous medal. Seasonal boat service at times carries visitors the short distance to the shrinking, uninhabited St. Clement's Island, where in 1634 the first European settlers arriving in Maryland landed and celebrated the first Catholic Mass in English-speaking North America.