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.
Sodus Point is a village in Wayne County, New York, United States. The population was 1,160 at the 2000 census. The name is derived from a nearby body of water, Sodus Bay. It is considered within the larger Rochester metropolitan area. The Village of Sodus Point is in the northeastern part of the Town of Sodus. This is a lakeside community surrounded on three sides by water.