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.
Audubon is a Borough in Camden County, New Jersey, United States. As of the United States 2000 Census, the borough population was 9,182. Audubon was formed as a borough by an Act of the New Jersey Legislature on March 13, 1905, from portions of Haddon Township. Portions of the borough were taken on July 3, 1947, to form the borough of Audubon Park, based on the results of a referendum held on October 28, 1947. Audubon is the home of three Medal of Honor recipients, the most awarded per capita of any town in the United States: Samuel M. Sampler, Edward Clyde Benfold, and Nelson V. Brittin,. The three are honored by a memorial at Audubon High School.