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.
Lehigh is a city in Webster County, Iowa, United States. The population was 497 at the 2000 census. Located in a valley, Lehigh is divided in two by the Des Moines River, unusual for such a small town. Originally the two halves of Lehigh were two separate towns. While the town on the west side of the River was always called Lehigh, the east town was called Slabtown, and a piece of history marks the east side's roots––a sign that hangs over the playground with the words "Slabtown Traders," perhaps alluding to the flea market that occurs there every summer during Lehigh River Days. Lehigh was surrounded by coal mines until the early 20th century and home to a large clay sewer pipe factory until the 1980s. Dolliver State Park, Brushy Creek State Recreation Area and Woodman Hollow State Preserve are located within a few miles of the town.