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.
Dumont is a borough in Bergen County, New Jersey, United States. The population was 17,503 at the 2000 census. Dumont was formed on July 20, 1894, as the Borough of Schraalenburgh from portions of Harrington Township and Palisades Township, at the height of the "Boroughitis" phenomenon then sweeping through Bergen County, based on the results of a referendum held the previous day. On June 13, 1898, the borough's name was changed to Dumont in honor of Dumont Clarke, the borough's first mayor.