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.
Oneonta is a city in southern Otsego County, New York, USA. As of the 2000 U.S. Census, had a population of 13,292. Its nickname is "City of the Hills. " The word "oneonta" is of undetermined origin, but it is popularly thought to mean "place of open rocks" in the Iroquois language. This refers to a prominent geological formation known as "tablerocks" at the western end of the city. The city is surrounded by the town of Oneonta, a separate municipal and political unit. Oneonta is home to the State University of New York at Oneonta and Hartwick College. Oneonta Municipal Airport (N66) is north of the city.