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.
Belmont is a village within the Town of Amity which is in Allegany County, New York, USA. Belmont is the county seat of Allegany County. The population was 952 at the 2000 census. The name means beautiful hills. The Village of Belmont is centrally located in Amity. The village is northeast of Olean, New York.