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.
Birchrunville is an unincorporated community, little more than a woodland crossroads in West Vincent Township in northern Chester County, Pennsylvania. It is about 40 miles west of Philadelphia, near the Downingtown exit on the Pennsylvania Turnpike. The community is served by 19421 zip code. Birchrunville is notable perhaps for an antiques store and, in the former general store, the 45-seat Birchrunville Store Cafe. Remains of a mill still stand in Birchrunville on Powder Mill Hill. However, it is best known for its annual 4th of July parade. It was begun by local resident Ben James. He organized the event and gathered "a dozen elementary-school-age boys living within half a mile of the post office. " It was cancelled in 2007 for the first time due to public drunkenness and other problems. It is in the Eastern Standard time zone. Elevation is 387 feet.