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.
Saint Benedict is the name of the post office at Mount Angel Abbey in Marion County, Oregon, United States. When it moved from Gervais to the town of Mt. Angel in 1884, the postal service would not allow the abbey to establish its own post office as it was less than a mile from the Mount Angel post office. A new abbey was completed on the top of nearby Mount Angel butte in 1903, and Saint Benedict post office was established there in 1914. Mount Angel Abbey was originally named Saint Benedict's Abbey, which in turn was named for Benedict of Nursia, the founder of the Order of Saint Benedict. The ZIP code of the post office is 97373.