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.
Secaucus is a town in Hudson County, New Jersey. As of the United States 2000 Census, the town population was 15,931. The town's name is pronounced "SEE-kaw-kus", with the accent on the first syllable, not the second as often used by non-natives. Secaucus was originally formed as a borough by an Act of the New Jersey Legislature on March 12, 1900, from portions of North Bergen. On June 7, 1900, Secaucus was incorporated as a town, replacing Secaucus borough, based on the results of a referendum held on June 5, 1917. Before the 1950s, Secaucus was home to a number of pig farms, rendering plants, and junk yards, which gave the town a reputation for being one of the most odorous in the New York metropolitan area. In 1963, debris from the demolition of Pennsylvania Station was dumped in the Secaucus Meadowlands. In later decades Secaucus became more a commuter town. Today it is the most suburban town in Hudson County. About 20% of the town's employed residents commute to New York City to work. New Jersey Monthly magazine ranked Secaucus as its 11th best place to live in its 2008 rankings of the "Best Places To Live" in New Jersey.