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.
Fairplay is an unincorporated community not considered as a census-designated place (CDP) in Washington County, Maryland, United States. It is sometimes recognized along with neighboring Tilghmanton as Fairplay-Tilghmanton; the two communities share a post office as well as a fire company. Fairplay is between Hagerstown, Maryland and Sharpsburg, Maryland along Maryland Route 65 and is part of the Hagerstown Metropolitan Area.