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.
Swampscott is a town in Essex County, Massachusetts, United States located 12 miles up the coast from Boston in an area known as the North Shore. The population was 14,565 at the 2007 census. A former summer resort on Massachusetts Bay, Swampscott is today an affluent residential community which includes the village of Beach Bluff, as well as part of the neighborhood of Clifton. The town is home to Marian Court College. As of 2008 it was one of the top twenty wealthiest towns in Massachusetts.