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.
Jersey City is the seat of Hudson County, New Jersey, United States. As of the United States 2000 Census, the population of Jersey City was 240,055, making it New Jersey's second-largest city after Newark. As of the Census Bureau's 2007 estimate, the population had grown to 242,389. Part of the New York metropolitan area, Jersey City lies between of the Hudson River and Upper New York Bay across from Lower Manhattan and the Hackensack River and Newark Bay. A commercial and industrial center, it is a port of entry and a manufacturing center. With 11 miles (17.7 km) of waterfront and significant rail connections, Jersey City is an important transportation terminus and distribution center. Service industries have play a prominent role in the redevelopment of its waterfront and the creation of one of the nation's largest office-space real estate markets.