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.
Richland is an unincorporated area within Buena Vista Township in Atlantic County, New Jersey, United States. The area is served as United States Postal Service ZIP Code 08350. As of the United States Census, 2000, the population for ZIP Code Tabulation Area (ZCTA) 08350 was 743. On April 26, 2004, the Buena Vista Township Committee voted to temporarily rename the community of Richland, a section of Buena Vista Township. For the first half of the month of May, 2004, Richland became Mojito, New Jersey, named after the Cuban rum drink. Bacardi had offered to give the township $5,000 for recreation projects in exchange for commemorating the new name with a sign on U.S. Route 40 for those weeks. Richland was chosen because it is home to the family-run Dalponte Farms, a major East Coast supplier of mint, an essential ingredient of the mojito.