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.
Oneida is a city in Madison County located east of Canastota, New York,United States. The population was 10,987 at the 2000 census. The city, like both the adjacent county and the nearby silver and china maker, takes its name from the Oneida tribe. Some members of the tribe are still concentrated in the municipal vicinity.