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.
Orwell is a village in Ashtabula County, Ohio, United States. The population was 1,519 at the 2000 census. It is the birthplace of General Adna Chaffee. Orwell is also the location of the King Training Camp, owned by boxing promotor Don King. The facility, housed on State Route 45 South, often features famous boxers as well as up-and-coming fighters under King's promotional umbrella. In May 2006, the KTC hosted former undisputed welterweight champion Cory Spinks as he trained for his comeback fight against another Don King-backed fighter, IBF super welterweight champ Roman Karmazin.