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.
Westmoreland is a town in Oneida County, New York, United States. The population was 6,207 at the 2000 census. The Town of Westmoreland is in the west-central part of the county. The New York State Thruway passes across the town. Westmoreland is west of Utica, New York. The Westmoreland Central School District is the only school system in the town. It is composed of an elementary school (grades K-4), middle school (grades 5-8), and a high school (grades 9-12). This school district houses a very impressive fine arts programs, along with a very impressive athletics program as well.