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.
Park Ridge is a borough in Bergen County, New Jersey, United States. Park Ridge has a population of 8,945 according to the 2006 U.S. Census. Park Ridge was created as a borough by an Act of the New Jersey Legislature on May 15, 1894, from portions of Washington Township, at the height of the "Boroughitis" phenomenon then sweeping through Bergen County, based on the results of a referendum held the previous day. Park Ridge obtained a portion of River Vale (July 15, 1929), exchanged portions with Woodcliff Lake (December 12, 1955), received part of Washington Township (November 26, 1956), exchanged portions with Hillsdale (February 10, 1958) and Woodcliff Lake (June 9, 1958) and received another part of Washington Township (August 11, 1958).