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.
Weedsport is a village in Cayuga County, New York, USA. The population was 2,017 at the 2000 census. The name is from Elihu and Edward Weed, merchants who helped found the village. The Village of Weedsport is in northern part of the Town of Brutus. Weedsport was a port on the Erie Canal, west of Syracuse, New York. Whitford's Airport is north of the village in the Town of Cato.