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.
Portsmouth is a city in Rockingham County, New Hampshire in the United States. It is the fourth-largest community in the county, with a population of 20,784 at the 2000 census. A historic seaport and popular summer tourist destination, Portsmouth is served by Portsmouth International Airport at Pease, formerly the Strategic Air Command's Pease Air Force Base.