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.
Millwood is a hamlet located in the town of New Castle, New York in Westchester County. It was originally settled as Sarlesville. The area now known as Millwood appears on 19th century maps as Merritt's Corners (now the intersection of Rtes. 100 and 120) and Rockdale Mills (close to what is now the Briarcliff Manor border). As of the 2000 census, the community had a population of 1,210. Vanessa Williams grew up in Millwood and currently lives in New Castle's other hamlet of Chappaqua.