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.
Colonial Beach is a town in Westmoreland County, Virginia, United States. The population was 3,228 at the 2000 census. Possessing the second largest beach front in the state, Colonial Beach was a popular resort town in the early to mid-20th century, before the Chesapeake Bay Bridge made ocean beaches on the Eastern Shore of Maryland more accessible to visitors from Washington, D.C. The family of Alexander Graham Bell maintained a summer home in Colonial Beach, the Bell House, which still stands today. Sloan Wilson, author of The Man in the Gray Flannel Suit, retired and died in Colonial Beach. George Washington, the first President of the United States, was born near here at what is now the George Washington Birthplace National Monument. As of 2007, efforts are underway to reconstruct the nearby birthplace of President James Monroe as a museum.