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.
East Palestine is a city in Unity Township, Columbiana County, Ohio, United States, near the border with Pennsylvania. The population was 4,917 at the 2000 census. The town was founded in 1828 and incorporated as a city in 1875. Nearby clay pits supported a pottery industry; the W. S. George Pottery Company was formed in 1909 from the East Palestine Pottery Company and operated in the town until the 1950s. Formerly, East Palestine was called Mechanicsburg, but was changed to "East Palestine" as part of a religious nomenclature in that area such as New Galilee, Pennsylvania, Enon Valley, Pennsylvania, etc. Mechanicsburg is today a name given a village in Champaign County, Ohio, near the opposite border of the state from East Palestine.