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.
Keyport is a Borough in Monmouth County, New Jersey, United States. As of the United States 2000 Census, the borough population was 7,568. Keyport's nickname is the "Pearl of the Bayshore" or the "Gateway to the Bayshore". Keyport was originally formed as a Town on March 17, 1870, from portions of Raritan Township. On April 2, 1908, the Borough of Keyport was formed, replacing Keyport Town. Keyport 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.