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.
Rensselaer is a city in Rensselaer County, New York, U.S. , and is located on the Hudson River directly opposite Albany. As of the 2000 census, the city population was 7,761; in 1920, it was 10,832. The name is from Kiliaen van Rensselaer, the original landowner of the region in New Netherland. Rensselaer is on the west border of the county. Earliest settlement occurred as early as 1628. The city has a rich industrial history stretching back to the 1800s, when it became a major railroad hub, a distinction which it maintains as the location of the 14th busiest Amtrak station. It was one of the earliest locations of the dye industry in the United States, and the first American location for the production of Aspirin.