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.
Olmstedville is a hamlet in the town of Minerva in Essex County, New York, United States, in Adirondack Park. Historically, it has been the largest settlement in the town of Minerva. Today, it has its own post office and Minerva Central School is located there. One of two stations of Minerva Fire & Rescue is also located in Olmstedville. Community still remains as a largest hamlet in the town.