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.
Burlington is a city in Burlington County, New Jersey, United States and a suburb of Philadelphia. As of 2007, the city population was 9,485. Burlington was first incorporated on October 24, 1693, and was reincorporated by Royal Charter on May 7, 1733. After American independence, the city was incorporated by the State of New Jersey on December 21, 1784. On March 14, 1851, the city was reincorporated and enlarged. Burlington was originally the county seat of Burlington County, but in the 1900s as the population moved away from the Delaware River the county seat was moved to a more central location, Mount Holly.