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.
Lake Pleasant is a town in Hamilton County, New York, United States. The population was 876 at the 2000 census. It contains the county seat of Hamilton County, which is also called Lake Pleasant. The Town of Lake Pleasant is within the Adirondack Park and is centrally located in the county. The town is northwest of Schenectady. Lake Pleasant is considered a tourist hub in Hamilton County. Estimates put the number of summer homes at around three-quarters of the homes in the area. Between Memorial Day and Labor Day, the unofficial Summer season, the small town is a busy community, with many activities including a parade, fireworks, Summer musical and art show.