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.
Modena is an unincorporated hamlet in Ulster County, New York, United States. It is located in the northwestern corner of the town of Plattekill, centered at the junction of the US 44/NY 55 concurrency and NY 32. It has the ZIP Code 12548. It takes its name from Mary of Modena, newly wed to James II when it was first settled in the late 17th century. Today it in turn lends its name to a service area nearby on the southbound New York State Thruway. It has long been a primarily rural community with minimal development, although that has been changing enough for Hannaford to build one of its supermarkets on Route 32 just south of the junction.