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.
Roselle is a Borough located in Union County in the state of New Jersey, United States of America. As of the United States 2000 Census, the borough population was 21,274. On January 19, 1883, the first electric lighting system employing overhead wires to ever exist began service in Roselle, and was built by Thomas Edison to demonstrate that an entire community could be lit by electricity. The First Presbyterian Church, located on the corner of West 5th Avenue and Chestnut Street, was the first church in the world to be lit by electricity. Roselle was incorporated on December 20, 1894, at the height of the Boroughitis phenomenon sweeping through New Jersey at the time, based on the results of a referendum held two days earlier, from portions of Linden.