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.
Carlstadt is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,917. Carlstadt was originally formed as a village by an Act of the New Jersey Legislature on March 12, 1860, within Lodi Township. It was named after Dr. Carl Klein, the leader of a group of early German settlers. The Borough of Carlstadt was incorporated on June 27, 1894, formally set off from Bergen Township, at the height of the Boroughitis phenomenon then sweeping through Bergen County.