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.
Berwick is an unincorporated community in Polk County, Iowa, United States, on the east bank of Fourmile Creek. It is part of the Des Moines–West Des Moines Metropolitan Statistical Area. In the early 20th century, Berwick and Norwoodville, a mile southwest, were home to several coal mines. The Norwood-White shaft No. 1 (also known as the Klondike No. 1) was 215 feet deep, accessing a 4-foot thick coal seam. By 1908, this mine extended over roughly 200 acres. Norwood-White shaft No. 2 was half a mile to the east. This mine was newer, covering over 40 acres in 1908. The Delaware Coal Company had a shaft a mile northwest of Berwick, with a shaft 170 feet deep. By 1908, this mine covered less than 15 acres. In 1914, Norwood-White produced over 100,000 tons of coal, ranking among the top 24 coal producers in the state.