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.
South Bound Brook is a Borough in Somerset County, New Jersey, United States. As of the United States 2000 Census, the borough population was 4,492. What is now South Bound Brook was originally formed as a town within Franklin Township. On March 16, 1869, the name of the community was changed to Bloomington, which lasted until May 29, 1891, when the name reverted back to South Bound Brook town. South Bound Brook was incorporated as an independent borough by an Act of the New Jersey Legislature on April 11, 1907, based on the results of a referendum held on May 1, 1907.