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.
Kings Park is a census-designated place (CDP) and town located in the Town of Smithtown, Suffolk County, New York, on Long Island. The population was 16,146 at the 2000 census. It borders Nissequogue to its east across the riveria, with Fort Salonga to its west, Commack to its southwest and Smithtown CDP, to its east. Kings Park is noted for its schools, numerous parks, and natural beauty.