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.
Newburgh is a city located in Orange County, New York, United States 60 miles (97 km) north of New York City, and 90 miles (140 km) south of Albany, on the Hudson River. The population was 28,259 at the 2000 census. Figures released by the U. S. Census Bureau in late June 2009 estimated that the population at that time was 28,101. Newburgh is a principal city of the Poughkeepsie–Newburgh–Middletown, NY Metropolitan Statistical Area (MSA), which includes all of Dutchess and Orange counties. The two-county MSA had a population of 621,517 at the 2000 census. A July 1, 2007 estimate placed the population at 669,915. Poughkeepsie-Newburgh-Middletown is also a component of the larger New York–Newark–Bridgeport, NY-NJ-CT-PA Combined Statistical Area (CSA). The City of Newburgh is along the Hudson River, between the Town of Newburgh and the Town of New Windsor. Just east of the city, across the Newburgh-Beacon Bridge, lies the city of Beacon, New York. The City of Newburgh is surrounded on the north and the west by the Town of Newburgh, of which it was a part prior to 1865. Census estimates in 2005 indicate that the population of the City of Newburgh had at that time dropped to 24,966 and increased in the Town of Newburgh to 30,508 thus making the Town more populous than the City for the first time in history. The entire southern boundary of the City of Newburgh is with the Town of New Windsor. Most of this boundary is formed by Quassaick Creek.