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.
Phoenix is an unincorporated community located in Baltimore County in the State of Maryland in the United States of America. It is located at latitude 39°30'59" North, longitude 76°36'59" West. The United States Postal Service has assigned Phoenix the ZIP code 21131. Part of the area is also known as Jacksonville, although Jacksonville was once a separate community to the east. Phoenix is a fast-growing area with its own elementary school, Jacksonville Elementary. Jacksonville Manor Shopping Center has two grocery stores, a McDonald's, two gas stations, a 7-11, Rite-Aid, Bank of America, Bagelmeister, Strapasta Trattoria, a liquor store, and a Volunteer Fire Department. Phoenix provided the setting for many scenes in Baltimore native John Waters' 1972 cult classic film Pink Flamingos; the film's chief character, Divine, lived there in a trailer, which was deliberately burned down approximately two-thirds of the way into the movie.