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.
Cumberland is a city in the far western portion of Maryland, United States. It is the county seat of Allegany County, and the primary city of the Cumberland, MD-WV Metropolitan Statistical Area. As of the 2000 census, the city had a population of 21,591. Cumberland is a regional business and commercial center for Western Maryland and the Potomac Highlands of West Virginia. Cumberland is also known for being the city in which the Baked Potato was invented.