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.
Utica is a city in the American state of New York, and the county seat of Oneida County. The city of Utica is situated within the region referred to as the Mohawk Valley and the Leatherstocking Region in Central New York State. Utica has an extensive park system, with winter and summer sports facilities. Utica and the neighboring city of Rome are principal cities of the Utica–Rome, New York Metropolitan Statistical Area, which includes Oneida and Herkimer counties.