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.
Worcester is a city in Worcester County, Massachusetts, United States. Named after Worcester, England, the city had a population of 182,596, making it the estimated second largest city in New England. It is the county seat of Worcester County. Worcester is located approximately 40 miles west of Boston, and marks the western periphery of the Boston-Worcester-Manchester (MA-RI-NH) U.S. Census Combined Statistical Area (CSA). Due to its location in Central Massachusetts, Worcester is often referred to as the "Heart of the Commonwealth. " The city is also noted for its mill era Victorian architecture.