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.
Frostburg is a city in Allegany County, Maryland, United States located at the head of the Georges Creek Valley. It is part of the Cumberland, MD-WV Metropolitan Statistical Area. The population was 7,873 at the 2000 census. Located eight miles (13 km) west of Cumberland, Maryland, the town is one of the first cities on the "National Road", US 40, and the western terminus of the Western Maryland Scenic Railroad. Since 1991, the city has been served by Interstate 68. The City of Frostburg has an approximate year-round population of 8,075. In addition, 5,400 students attend Frostburg State University, a public university within the University System of Maryland. There have been several annexations in the City of Frostburg during 2009, and it is the only area of Allegany County which has shown growth within the last five years. Frostburg was originally called Mount Pleasant until 1820, when the government developed a postal service, and the town was renamed Frostburg.