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.
Blairsville is a borough in Indiana County, Pennsylvania, 43 miles east of Pittsburgh, and on the Conemaugh River. Blairsville was settled in 1818 and incorporated in 1825. In the past, railway shops, foundries, machine shops, enameling plants, and manufactories of plate glass and lumber employed the residents. It was the seat of Blairsville College, a Presbyterian institution opened in 1851, and currently houses a campus for Wyoming Technical Institute. Population in 1910, 3,572, and in 1940, 5,002. The population was 3,607 at the 2000 census.