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.
Damascus is an unincorporated community in southwestern Goshen Township in Mahoning County and northwestern Butler Township in Columbiana County in the U.S. state of Ohio. Although it is unincorporated, it has a post office, with the ZIP code of 44619. It lies at the intersection of U.S. Route 62 and State Routes 173 and 534. The Mahoning County portion of Damascus is part of the Youngstown–Warren–Boardman, OH-PA Metropolitan Statistical Area, while the Columbiana County portion is part of the East Liverpool–Salem Micropolitan Statistical Area.