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.
Highlands is a Borough in Monmouth County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,097. It is the home town of film maker, director, and comic book writer Kevin Smith. The eastern part of the town is built on a high bluff that overlooks Sandy Hook and the Atlantic Ocean. Atop this bluff are the Navesink Twin Lights. Highlands was incorporated as a borough by an Act of the New Jersey Legislature on March 22, 1900, from portions of Middletown Township. Additional portions of Middletown Township were annexed in 1914. Highlands is part of the Bayshore Regional Strategic Plan, an effort by nine municipalities in northern Monmouth County to reinvigorate the area's economy by emphasizing the traditional downtowns, dense residential neighborhoods, maritime history, and the natural beauty of the Raritan Bayshore coastline.