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.
Rochelle Park is a township in Bergen County, New Jersey, United States. As of the United States 2000 Census, the township population was 5,528. What is now Rochelle Park was incorporated as Midland Township on March 7, 1871, from portions of New Barbadoes Township. Rochelle Park was formed as a township by an Act of the New Jersey Legislature on November 5, 1929, replacing Midland Township, based on the results of a referendum held on that same day that passed by a 503-69 margin. The main impetus behind the change in name was to avoid confusion with the nearby community of Midland Park.