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.
Morris Plains, billing itself "the Community of Caring," is a Borough in Morris County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,236. Morris Plains was incorporated as a borough by an Act of the New Jersey Legislature on March 15, 1926, from portions of Hanover Township, based on the results of a referendum held on April 15, 1926. Morris Plains serves as a bedroom community for workers in New York City. The Morristown Line of New Jersey Transit provides commuters with direct access to New York Penn Station and to Hoboken Terminal. Morris Plains is also a major base of operations for Pfizer, previously the headquarters for Warner-Lambert. Pfizer also sponsors the Health and Medical Science Academy at Morristown High School and has an annual 5k race around Morris Plains.