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.
Glencliff is a village within the White Mountain National Forest in the town of Warren in Grafton County, New Hampshire, United States. The village consists of fewer than one hundred residents and some forty man-made structures, including the Willing Workers Hall, the Glencliff Community Chapel, the old firefighter's garage, the Glencliff Improvement Cooperative (community water system), the Post Office (located in one of the dwellings) and the Glencliff Home for the Elderly (located higher up the mountain). There is no store, no gasoline station, no doctor. It is isolated from the modern amenities that most Americans consider necessary. Many of the villagers are related and those that aren't are treated as if they were.