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.
Painted Post is a village in Steuben County, New York, United States. The village is in the town of Erwin, west of the city of Corning. The population was 1,842 at the 2000 census. The name comes from a painted and carved post found by explorers at the junction of three local rivers. Corning-Painted Post Airport (7N1) is west of the village.