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.
Bellport is a village in Suffolk County, New York, United States. The population was 2,363 at the 2000 census. The village is named after the Bell family, early settlers of the area. The public education system in Bellport makes up the South Country Central School District consisting of six schools, three elementary Schools, Frank P. Long Intermediate School (Grades 4-5), Bellport Middle School (Grades 6-8) and Bellport High School. Bellport is in the town of Brookhaven and is on the South Shore of Long Island.