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.
Wells is a town in Hamilton County, New York, United States. The population was 737 at the 2000 census. The town is named after Joshua Wells, a land agent, who built the first mills in the area. The Town of Wells is in the Adirondack Park and on the eastern border of the county. It is northwest of Schenectady.