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.
Port Clinton is a city in and the county seat of Ottawa County, Ohio, United States. The population was 6,391 at the 2000 census. The city has been nicknamed the "Walleye Capital of the World. " The city is known for its annual Walleye Drop, commemorating the new year as well as its fishing and boating industries, the annual National Matches at neighboring Camp Perry, and its proximity to a variety of vacation destinations (such as the Lake Erie islands, the Cedar Point amusement park and a number of local wineries). Port Clinton's transient dockage on the Portage River is a safe harbor for Lake Erie boaters.