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.
Selkirk is a hamlet in the town of Bethlehem, Albany County, New York. It is located south of the city of Albany, it is an exurb of that city. A major freight railyard operated by the Selkirk Subdivision of CSX Transportation is located there; all of the CSX freight traffic going to or from Boston goes through Selkirk on its way to points north, south or west. The route is also used by traffic from New York City to points west, a detour known as the Selkirk hurdle. Also in Selkirk is Audubon International, a non-profit environmental educational organization.