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.
Clarence is a town located in the northeastern part of Erie County, New York, United States. The population was 26,123 at the 2000 census. Clarence is also the name of a postal district in the south part of the town with ZIP code 14031. It is named after the House of Clarence in England. The Town of Clarence is in the northeast part of the county. The town is northeast of Buffalo. There are no incorporated villages within the town.