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.
Trappe is a town in Talbot County, Maryland, United States. The population was 1,146 at the 2000 census. The local telephone exchange is 476 and the area code is 410. The zipcode is 21673. Founding Father John Dickinson was born in Trappe, as was Baseball Hall of Famer Frank "Home Run" Baker. John Eisenhower lives in Trappe. On April 4, 2007, a small plane crashed into a field in Trappe, killing the private pilot and his two passengers. The aircraft had left White Plains, New York and was heading for North Carolina, when it enouuntered an area of intense thunderstorm activity. The left wing departed the ship while deviating around the area of bad weather. The NTSB determined the cause of the crash was "The pilot's improper decision to fly into an area of thunderstorms, which resulted in a loss of aircraft control and subsequent in-flight breakup. Contributing to the accident was the thunderstorm."