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.
Glassboro is a borough in Gloucester County, New Jersey, United States. As of the United States 2000 Census, the borough population was 19,068. What is now Glassboro was originally formed as a township by an act of the New Jersey Legislature on March 11, 1878, from portions of Clayton Township. Portions of the township were taken to form Elk Township (April 17, 1891) and Pitman (May 24, 1905). Glassboro was incorporated as a borough on March 18, 1920, replacing Glassboro Township. Glassboro is home to Rowan University, formerly Glassboro State College. It was the site of the Glassboro Summit Conference that took place in 1967.