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.
Carmel is a town located in Putnam County, New York, USA. As of the 2000 census, the town had a total population of 36,465. There are no incorporated villages in the town, although the hamlets of Carmel and Mahopac each have populations sizable enough to be thought of as villages. The Town of Carmel is on the south border of the county. The town hall is in Mahopac. Guideposts Magazine, founded by Norman Vincent Peale, is headquartered in Carmel.