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.
Wading River is a hamlet in Suffolk County, New York, USA, on the North Shore of Long Island. As of the United States 2000 Census, the CDP population was 6,668. The community of Wading River is on the town line between the Town of Brookhaven and the Town of Riverhead. The name of the hamlet comes from the original Native American name for the area, Pauquaconsuk, meaning "the place where we wade for thick, round-shelled clams". The more simple translation of this descriptive native word, "Wading in the River" or Wading River was adopted by the first settlers.