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.
Fortescue is an unincorporated area on the southern coast of New Jersey, in Delaware Bay. It has a population of about 400. During the late 1970s and mid 1980s, Fortescue experienced the best fishing it had ever seen. Anglers were catching massive amounts of weakfish every summer. Fortescue is the self-proclaimed "weakfish capital of the world". Fortescue is part of the Fortescue State Wildlife Management Area which is located in Downe Township, in Cumberland County, New Jersey, United States, and makes up 1,160.52 acres.