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.
Oakland is a town in the west-central part of Garrett County, Maryland, United States. With a population of 1,930 according to United States Census 2000 figures, it is the most populated community in Garrett County. The town is also the county seat of Garrett County and is located within the Pittsburgh DMA. Oakland is situated only miles from the source of the Potomac River, which flows directly into the Chesapeake Bay. It is also near the Wisp Resort at Deep Creek Lake, a major ski resort for many Marylanders and other visitors. The Autumn Glory Festival, a fall festival that attracts a great number of tourists, takes place in Oakland every October.