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.
Wanaque (pronounced WANNA-kew) is a borough in Passaic County, New Jersey, United States. As of the United States 2000 Census, the borough population was 10,266. Wanaque was incorporated as an independent Borough on February 23, 1918, when Pompton Township was split up into three Boroughs, along with Bloomingdale and Ringwood, based on the results of a referendum held on March 22, 1918.