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.
Melrose is a city located in the Greater Boston metropolitan area and Middlesex County, Massachusetts. The population was 26,708 in the 2008 population estimate from the U.S. Census Bureau. It is located approximately seven miles north of Boston and is situated in the center of the triangle created by Interstate 93, 95 and US Route 1. The land that comprises Melrose was first explored in 1628 and was once part of Charlestown and then Malden. It became the Town of Melrose in 1845 and then the City of Melrose in 1900.