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.
Carteret is a borough in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the borough population was 20,709. What is now Carteret was originally created as the borough of Roosevelt on April 11, 1906, from portions of Woodbridge Township, based on the results of a referendum approved on May 22, 1906. The name was changed to Carteret as of November 7, 1922. The borough was also called Carteret during the period from December 19, 1921, to January 16, 1922.