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.
Pine Island is a hamlet in the Town of Warwick in Orange County, New York, USA. It is the largest community in the Black Dirt Region. It has the ZIP Code 10969. It gets its name from being slightly elevated over the surrounding land. In the days before the nearby Wallkill River was rerouted to control flooding, it would often be an actual island for a period of time in the spring. The Pine Island Fire District is centered here with the main station located on County Route 1, and a sub-station in the Hamlet of Amity, and the Amity Fire Station.