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.
Stony Point is a triangle-shaped town in Rockland County, New York, United States located north of the town of Haverstraw, east and south of Orange County, New York, and west of the Hudson River. The population was 14,244 at the 2000 census. The name of the town is derived from a prominent projection into the Hudson River. The town is in the northeast part of the county. U.S. Route 9W, US Route 202, and the Palisades Interstate Parkway are major north-south routes through the town. It is the most rural town of Rockland County. Stony Point is included in the North Rockland Central School District.