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.
Kearny is a town in Hudson County, New Jersey, United States. It was named after Civil War general Philip Kearny. As of the United States 2000 Census, the town population was 40,513. The town is a suburb of the nearby city of Newark. Kearny was originally formed as a township by an Act of the New Jersey Legislature on April 8, 1867, from portions of Harrison Township. Portions of the township were taken on July 3, 1895, to form East Newark. Kearny was incorporated as a town on January 19, 1899, based on the results of a referendum held two days earlier.