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.
Plainfield is a city in Union County, New Jersey, United States. As of the United States 2000 Census, the city population was 47,829. Plainfield was originally formed as a township on April 5, 1847, from portions of Westfield Township, while the area was still part of Essex County. On March 19, 1857, it became part of the newly-created Union County. Plainfield was incorporated as a city by an Act of the New Jersey Legislature on April 21, 1869, from portions of Plainfield Township, based on the results of a referendum held that same day. The city and township coexisted until March 6, 1878, when Plainfield Township was dissolved and parts absorbed by Plainfield City and the remainder becoming Fanwood Township (now known as Scotch Plains). Plainfield is nicknamed "The Queen City".