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Mergers And Acquisitions Law Lawyers In Hauppauge New York

Hauppauge is a hamlet in the Town of Islip and the Town of Smithtown in Suffolk County, New York, United States. At the headwaters of the Nissequogue River, it derives its name from the Native American term for "overflowed land. " The Hauppauge Industrial Park, located at the edge of the hamlet, is the largest on Long Island, and by some accounts the second largest in the nation. The park has over 1,300 companies, and employs over 55,000 Long Islanders. The companies in the industrial park provide the tax revenue that makes up the bulk of the Hauppauge school district's budget. As a result, school taxes for residents are relatively low, while the budget for schools is actually higher than usual. It is noted for its well-funded schools, with multiple internet-accessible computers in every classroom and many after-school activities, including a drama club with over 200 members.

What is mergers and acquisitions law?

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.