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.
Johnson City is a village in Broome County, New York, United States. The population was 15,535 at the 2000 census. It is part of the Binghamton Metropolitan Statistical Area. The Village of Johnson City was established in the Town of Union, New York and is a part of the "Triple Cities" along with Endicott, New York and Binghamton, New York. Johnson City lies to the west of Binghamton at the eastern side of the Town of Union.