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.
Westbury is an incorporated village in Nassau County, New York in the United States. The population was 14,263 at the 2000 census. The Village of Westbury is in the Town of North Hempstead. Westbury is a very diverse community, made up of Italian-Americans, African-Americans and Hispanic Americans. Many of the Hispanics are of Salvadoran origin. However, the neighborhood has more recently seen an influx of Arab-Americans and Indian-Americans. Many of the Italian-Americans in the village trace their origins to the town of Durazzano in Southern Italy, and are closely related. A great number still reside on the Hill across from Saint Brigid's Church. The nickname for the village since the mid-1970s has been "A Community for All Seasons" (presumably, because residents tend to live there 12 months of the year).