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.
Whippany is an unincorporated area located within Hanover Township in Morris County, New Jersey. Cedar Knolls is another unincorporated area within Hanover Township. Whippany's name is derived from the Whippanong Native Americans, a tribe that once inhabited the area. Whippanong meant "place of the willows", named for the trees growing along the banks of the Whippany River