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.
Oradell is a borough in Bergen County, New Jersey, United States. At the United States 2000 Census, the borough population was 8,047. The borough's territory includes a dam on the Hackensack River that forms the Oradell Reservoir. Oradell was originally formed on March 8, 1894, as the Borough of Delford, from portions of Harrington Township, Midland Township and Palisades Township, at the height of the Boroughitis phenomenon then sweeping through Bergen County. The name Delford was a portmanteau created from the names of two communities within the new borough: Oradell and New Milford. On November 12, 1920, the borough's name was officially changed to "Oradell", based on the results of a referendum held ten days earlier.