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.
Water Mill is a census-designated place (CDP) in Suffolk County, New York, USA, and a hamlet of the Town of Southampton. The population was 1,724 at the 2000 census. Water Mill is the correct name as per local government and the United States Postal Service. Its ZIP Code is 11976. Water Mill is considering incorporating as a village following the unsuccessful attempt by Dunehampton, New York to incorporate. Dunehampton's incorporation would have cut Water Mill off from the Atlantic Ocean beaches. Sagaponack, New York incorporated for a similar reason. As of 2009, Water Mill was listed as the sixth most expensive Small Town in the United States by Business Week. The median home price was $2,238,676.