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.
New City is a hamlet, in the Town of Clarkstown Rockland County, New York, United States. The area is located north of Bardonia; northeast Nanuet; east of New Hempstead and New Square; southeast of Mount Ivy; south of Garnerville; southwest of Haverstraw; west, straight across Lake Deforest, of Congers; and northwest, diagonally across Lake Deforest, of Valley Cottage. New City's population was 34,038 at the time of the 2000 census, making it one of the most populous CDP/hamlet in the state of New York. New City is the county seat of Rockland County and the location of the Clarkstown Police Department. It is also the most populous community in Rockland County. The ZIP Code of New City is 10956.