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.
Bayonne is a city in Hudson County, New Jersey, United States, south of Jersey City. As of the United States 2000 Census, the city had a total population of 61,842. According to tradition, the city derives its name from the city of Bayonne in France. It is said that French Huguenots settled there some time before New Amsterdam was founded. French-speaking Walloons were a large percentage of the population of New Netherland during the mid-seventeenth century and may have given the name. However, there are no historical records to prove this, and it has been alternatively suggested that, when the land was purchased for real estate speculation, it was named Bayonne because it is on the shores of two bays, Newark and New York, hence Bay-on, or "on the Bays. " Bayonne is a diverse city, with large communities of Italian, Irish and Polish Americans . Bayonne was originally formed as a township on April 1, 1861, from portions of Bergen Township. Bayonne was reincorporated as a city by an Act of the New Jersey Legislature on March 10, 1869, replacing Bayonne Township, subject to the results of a referendum held nine days later. Bayonne is connected to Staten Island, New York by the Bayonne Bridge. The Bayonne Bridge is lit in patriotic colors (red, white & blue) in the evenings, as a 9/11 memorial initiated by a then 8-year-old girl in the summer of 2002, Veronica Marie Granite, with the assistance of then-Municipal Councilmember-at-Large Maria Karczewski.