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.
Basking Ridge is an unincorporated area located within Bernards Township in the Somerset Hills region of Somerset County, New Jersey. The area was settled during colonial times. It is home to the old AT&T Headquarters, now owned by Verizon. Basking Ridge is the current headquarters for Verizon Wireless, Avaya, and Barnes & Noble College Booksellers. The community of Basking Ridge is part of greater Bernards Township, which also includes Lyons, Liberty Corner, and West Millington.