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.
Scotland, in St. Mary's County, Maryland, is a small town near the southernmost end of the state, on the western shore of the Chesapeake Bay. There is a boys' summer camp, operated by a police department. Nearby are the tiny town of Ridge and Point Lookout beach, the former site of a Civil War prison camp.