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.
Mechanicsburg is a village in Champaign County, Ohio, United States. The population was 1,744 at the 2000 census. Mechanicsburg laid out in 1814 on the site of the Shawnee Indian Village of Chief Ohito. Mechanicsburg was also a station on the underground railroad with “conductor” Udney Hyde helping more than 500 slaves on their way to freedom.