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.
Pomona is a village partly in the Town of Ramapo and partly in the Town of Haverstraw in Rockland County, New York, United States, located north of New Hempstead; east of Harriman State Park. north of Monsey and west of Mount Ivy. The population was 2,726 at the 2000 census. A large portion of the Town of Haverstraw particularly in Mt. Ivy use a Pomona, New York mailing address, however these area's are not included in the governing Village of Pomona. The Village of Pomona was incorporated February 3, 1967 within the towns of Ramapo and Haverstraw. The current mayor is Nick Sanderson of the Village Community Party. Sanderson unseated incumbent and longtime mayor Herb Marshall in March 2007. In 1997 Bruce Sokol, a real estate appraiser, said that houses in the Haverstraw section of Pomona were cheaper than houses in the Ramapo section because the Haverstraw homes were taxed at lower rates.