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.
Walker Valley is a hamlet located in the western part of the Town of Shawangunk in Ulster County, New York, U.S. , generally thought of as coterminous with the 12588 ZIP code. The population was 758 at the 2000 census. Walker Valley is one of the three geographic parts of the town that local residents use. It is centered around NY 52 in the western part of town, where it begins to slope up to the Shawangunk Ridge.