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.
Wakefield is an unincorporated community in southwestern Scioto Township, Pike County, Ohio, United States. Although it is unincorporated, it historically had a post office, with the ZIP code of 45687. Although the post office was closed on September 2, 2005, the community retains its ZIP code. It lies along U.S. Route 23.