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.
Indian Head is a town in Charles County, Maryland, United States. The population was 3,422 at the 2000 census. It has been the site of a naval base specializing in gun and rocket propellants since 1890. Production of nitrocellulose and smokeless powder began at the Indian Head Powder Factory in 1900. The name of the base has varied over the years from Indian Head Proving Ground, to Naval Powder Factory, to Naval Propellant Plant, to Naval Ordnance Station, to the present Naval Support Facility Indian Head. The facility's main tenant activity is the Indian Head Naval Surface Warfare Center (NSWC/IH). Advanced research in energetic systems takes place at NSWC/IH. NSWC/IH absorbed the function of the closed Naval Ordnance Laboratory, formerly in White Oak. The base currently employs 3,700.