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.
Villas, better known as the Villas is a census-designated place and unincorporated area located within Lower Township, in Cape May County, New Jersey. It is part of the Ocean City Metropolitan Statistical Area. As of the United States 2000 Census, the CDP population was 9,064. Villas is the site of Blitz's Market, where one of the four winning Mega Millions lottery tickets was sold to a disabled veteran on August 31, 2007. In 2008, residents discovered that copper piping had been stolen from under several homes in the area. It was later found that much of the piping was corroding due to large amounts of water seeping through fissures in the disintegrating roads, that are finally under repair.