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 Center is a hamlet located in the Town of Clarence in Erie County, New York, United States. The population was 1,747 at the 2000 census. It is part of the Buffalo–Niagara Falls Metropolitan Statistical Area. Clarence Center, within the south-central part of the town, is the location of most of the town government facilities, although the actual town hall is within the Clarence postal zone. Clarence Center is also one of the postal zones in the town with a ZIP code of 14032. This area is most of the north part of the town.