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.
West Long Branch is a Borough in Monmouth County, New Jersey, United States. As of the United States 2000 Census, the borough population was 8,258. It is the home of Monmouth University. In 1908, the people of the West Long Branch section of Eatontown became unhappy with paying taxes to Eatontown and not getting what they thought was a fair return. A request was made that the West Long Branch section be separated from Eatontown. The Township of Eatontown strongly resisted as there were several large estates in the West Long Branch section that were a source of considerable taxes. An Act of the New Jersey Legislature was passed on April 7, 1908, and the Monmouth County Board of Chosen Freeholders authorized an election. On May 5, 1908 the referendum was held in West Long Branch with voters approving the separation. On Tuesday, June 16, 1908, the West Long Branch section of Eatontown Township became the independent Borough of West Long Branch. Prior to being called West Long Branch,the town was called Mechanicsville from the 1700s through the Civil War and then Branchburg in the 1870s. The name West Long Branch appears in the 1889 Wolverton Atlas of Monmouth county.