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.
Westwood (nicknamed "The Hub of the Pascack Valley") is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 10,999. Westwood was officially incorporated as a borough on May 8, 1894, from portions of Washington Township, early during the Boroughitis phenomenon then sweeping through Bergen County. Isaac D. Bogert served as the first mayor of the Borough. In April 1909, the area of Westwood was enlarged through the annexation of the 'Old Hook' section of the borough of Emerson, and on September 24, 1957, portions of the borough were exchanged with Emerson.