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.
Framingham is a New England town in Middlesex County, Massachusetts, United States. The population was 66,910 at the 2000 United States Census. Framingham, sited on the ancient trail known as the Old Connecticut Path, was first settled when John Stone settled on the west bank of the Sudbury River in 1647. In 1660, Judge Thomas Danforth, of the Salem Witch Trials fame, an official of the Bay Colony, formerly of Framlingham, Suffolk, England received a grant of land at "Danforth's Farms" and began to accumulate over 15,000 acres (61 km). He strenuously resisted petitions for incorporation of the town, which was officially incorporated in 1700, following his death the previous year. Why the "L" was dropped for the new town's name is not known. The first church was organized in 1701, the first teacher was hired in 1706, and the first permanent schoolhouse in 1716.