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.
Grand Island is a town and an island in Erie County, New York, USA. As of the 2000 census, the town population was 18,621. The current town name derives from the French name "La Grande Ile," as Grand Island is the largest island in the Niagara River. The phrase "La Grande Ile" appears on the town seal. The Town of Grand Island is located at the northwestern corner of the county. The town is northwest of Buffalo, New York. Interstate 190 and New York State Route 324 cross the island.