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.
Nyack is a village in the towns of Orangetown and Clarkstown in Rockland County, New York, United States, located north of South Nyack; east of Central Nyack; south of Upper Nyack and west of the Hudson River, approximately 19 miles north of the Manhattan boundary, it is an inner suburb of New York City, directly across from Sleepy Hollow. Sleepy Hollow and Nyack are on either bank of the largest expanse of the Tappan Zee, in the lower Hudson Valley. Nyack had a population of 6,737 as of the 2000 census. It is the most urban community in Rockland County.