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.
Clifton Park is a town in Saratoga County, New York, United States. According to the United States Census Bureau, the 2006 population estimate for Clifton Park was 36,447. The name is derived from an early land patent. The town is in the south part of the county and is located approx. 12 miles (19 km) north of Albany and northeast of Schenectady, and 10 miles (16 km) south of Saratoga Springs.