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.
See also New Hyde Park for the village on Long Island; there is also a hamlet named Hyde Park in Otsego County, near Cooperstown, New York. Hyde Park is a town located in the northwest part of Dutchess County, New York, United States, just north of the city of Poughkeepsie. The town is most famous for being the birthplace of U.S. President Franklin D. Roosevelt. The population was 20,851 at the 2000 census. US 9 passes through the town near the Hudson River. Hyde Park is the location of the Culinary Institute of America, a residential college devoted to cooking and baking.