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.
Akron, New York is a village in Erie County, New York, United States. The population was listed as 3,085 in the 2000 census. The name means, A high place. It is part of the Buffalo–Niagara Falls Metropolitan Statistical Area. The Village of Akron is located in the Town of Newstead on the west and north slopes of a hill. NY 93 passes through the village.