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.
Beaver Falls is a city in Beaver County, Pennsylvania, United States. The population was 9,920 at the 2000 census. It is located 31 miles (50 km) northwest of Pittsburgh, and on the Beaver River, six miles (9 km) from its confluence with the Ohio River. A variety of manufacturing plants had kept the residents busy in the twentieth century; however, the city has suffered a fair amount of economic malaise lately due to the decline in the steel-making capacity in the Pittsburgh region where Beaver Falls is situated.