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.
Spring Glen is an unincorporated hamlet of the Town of Wawarsing in Ulster County, New York, United States. It is located just off US 209 just north of the Sullivan County line. It has the ZIP Code 12483. It has been settled since the early 19th century, first as a farming village. Later, the Delaware and Hudson Canal made it a key stop. Spring Glen is its third name. Originally established as Red Bank, it became Homowack (Iroquois for "where the stream begins" in 1851. Later in the century, the residents changed the name again, this time to Spring Glen, to attract more tourist business. That brought Jews to the region, and in 1917 they built Spring Glen Synagogue, the first Jewish place of worship in the Catskill region. Today the community remains a small concentration of vacation bungalows, most of which are occupied only during the summer months.