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.
Silver Spring is an urbanized, unincorporated area in Montgomery County, Maryland, United States. After Baltimore and Columbia, the Silver Spring CDP is the third most populous place in Maryland. The urbanized, oldest, and southernmost part of Silver Spring is a major business hub that lies at the north apex of Washington, D.C. As of 2004, the Central Business District (CBD) held 7,254,729 square feet (673,986 m) of office space, 5216 dwelling units and 17.6 acres (71,000 m) of parkland. The population density of this CBD area of Silver Spring was 15,600 per square mile all within 360 acres (1.5 km) and approximately 2½ square miles in the CBD/downtown area. The community has recently undergone a significant renaissance, with the addition of major retail, residential, and office developments. Silver Spring takes its name from a mica-flecked spring discovered there in 1840 by Francis Preston Blair, who subsequently bought much of the surrounding land. Acorn Park, tucked away in an area of south Silver Spring away from the main downtown area, is believed to be the site of the original spring.