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.
Schenevus is a hamlet in the Town of Maryland in southeastern Otsego County, New York, USA. According to the 1990 U.S. census, the population was 513. The Schenevus Central School district covers the towns of Maryland, Westford, Milford, Decatur, and, Roseboom. The Schenevus Carousel was listed on the National Register of Historic Places in 1998. The Schenevus post office covers the 12155 zip code area. It is notable for being the home of Draper Dragons sports teams, and also homes Schenevus Central school. Consisting of under 500 students, K-12.