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.
Bretton Woods is an area within the town of Carroll, New Hampshire, USA, whose principal points of interest are three leisure and recreation facilities. Being virtually surrounded by the White Mountain National Forest, its vista toward Mount Washington and most of the rest of the Presidential Range includes no significant artificial structures other than the Mount Washington Cog Railway and the Mount Washington Hotel. Bretton Woods was the site of the United Nations Monetary and Financial Conference in 1944 which has given its name to the Bretton Woods system and led to the establishment of both the World Bank and the International Monetary Fund in 1945. The Bretton Woods system collapsed in 1971. Bretton Woods is located along U.S. Route 302, 5 miles (8.0 km) east of the village of Twin Mountain and 20 miles (32 km) through scenic Crawford Notch northwest of the town of Bartlett. "Bretton" etymology is coming from Breton, Brittany, the people at the west of France and one of the six Celtic nations.