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.
Hillsdale is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 10,087. The populated area today known as Hillsdale took form in the mid-to-late 19th century as land speculators, led by David P. Patterson, developed subdivisons to profit from the coming of the Hackensack and New York Connecting Railroad. The area was incorporated as Hillsdale Township on March 25, 1898, from portions of Washington Township, which had, in turn, been set off from Harrington Township in 1840. Portions of the township were taken on April 30, 1906, to create River Vale. Hillsdale was reincorporated as a borough by an Act of the New Jersey Legislature on March 2, 1923, based on the results of a referendum held on April 24, 1923.