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.
Leonia is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 8,914. It is located near the western approach to the George Washington Bridge. Leonia was formed as the result of a referendum passed on December 5, 1894, from portions of Ridgefield Township. Portions of Leonia were taken on February 19, 1895, to form the Township of Teaneck. New Jersey Monthly magazine ranked Leonia as its 31st best place to live in its 2008 rankings of the "Best Places To Live" in New Jersey.