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.
Saunderstown is a small village and historic district in the town of North Kingstown in Washington County, Rhode Island, United States. Saunderstown is known as the birthplace of the artist Gilbert Stuart, who is best known for painting the portrait of George Washington that is portrayed on the one-dollar bill. The Gilbert Stuart Birthplace and Museum, which consists of the house in which Stuart was born, a nature trail, and a functional gristmill, is now open to the public as a museum. Saunderstown is also the location of Casey Farm, an 18th century plantation that is now a family farm. The farm grows organic vegetables, herbs, and flowers in a Community Agriculture Program. It is operated by Historic New England. Saunderstown's postal code is 02874.