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.
Wainscott is a census-designated place (CDP) that roughly corresponds to the hamlet (unincorporated community) with the same name in the town of East Hampton in Suffolk County, New York on the South Shore of Long Island. As of the United States 2000 Census, the CDP population was 628. Wainscott is also listed on United States Board on Geographic Names database as Midhampton although the name is not used locally.