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.
Salem is a city in northern Columbiana County and extreme southern Mahoning County, Ohio, United States. At the 2000 census, the city's population was 12,197. Salem is a principal city of the East Liverpool-Salem Micropolitan Statistical Area, which includes all of Columbiana County. The small portion of the city that extends into Mahoning County is considered part of the Youngstown-Warren-Boardman, OH-PA Metropolitan Statistical Area. Both of these are components of the Youngstown-Warren-East Liverpool, OH-PA Combined Statistical Area.