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.
Bedford is a borough in Bedford County, Pennsylvania, 102 miles (164 km) west of the State Capital, Harrisburg. It is the county seat of Bedford County. Bedford was established in the mid-18th century. Population counts follow: 1890, 2,242; 1900, 2,167; 1910, 2,385. The population was 3,141 at the 2000 census.