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.
Oakwood is a city in Montgomery County, Ohio, United States. The population was 9,215 at the 2000 census. Oakwood is part of the Dayton Metropolitan Statistical Area. It was incorporated in 1908. John Henry Patterson, industrialist and founder of the National Cash Register Corporation, is considered the "Father of Oakwood. " Oakwood is completely land-locked by the surrounding municipalities of Dayton and Kettering. Its small, compact geographic area facilitates the response of its single unified (consolidated) Department of Public Safety, in which all personnel are certified as police officers, firefighters, and emergency medical services (EMS) officers. Oakwood is one of only a few U.S. cities to employ the concept. Public safety officers work 24-hour shifts, performing the different functions within eight-hour blocks of each shift.