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.
North River is a hamlet in the Town of Johnsburg, in Upstate New York, within the Adirondack Mountains. It is located on the upper Hudson River five miles north of the village of North Creek in Warren County, on the northern border with Hamilton County. Historically it was one of the centers of the New York State garnet industry. The last remaining garnet mine in New York is located close to North River. The hardest garnets in the world come from the Adirondacks and are still in demand, especially for industrial use. There is also a former garnet mine, the Hooper Mine, that is a tourist site. A local attraction is Gore Mountain, one of the tallest in New York and a skiing center.