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.
Newburyport is a small coastal city in Essex County, Massachusetts, United States, 28 miles (61 km) northeast of Boston. The population was 19,189 at the 2000 census. An historic seaport with a vibrant tourism industry, Newburyport includes part of Plum Island. The mooring, winter storage and maintenance of recreational boats, motor and sail, still contribute a large part of the city's income. A coast guard station keeps a watchful eye on boating activity, especially in the swift tidal currents of the Merrimack River. At the edge of Newbury Marshes, delineating Newburyport to the south, an industrial park provides a wide range of jobs. Newburyport is on a major north-south highway, Interstate 95. The outer circumferential highway of Boston, Interstate 495, passes nearby in Amesbury. A colonial road, the Newburyport Turnpike (U. S. Route 1), still traverses Newburyport on its way north. The commuter rail line to Boston ends in a new station at Newburyport. The earlier Boston and Maine Railroad leading further north was discontinued.