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.
Taneytown (TAW-nee-town) is a city in Carroll County, Maryland, United States. The population was 5,128 at the 2000 census. Taneytown was founded in 1754. Of the town George Washington once wrote "Tan-nee town is but a small place with only the Street through wch. the road passes, built on. The buildings are principally of wood. " Taneytown has a history museum that displays the history of the town for visitors and citizens to see.