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.
Bridgeport is a borough in Montgomery County, Pennsylvania, 18 miles (29 km) north of Philadelphia on the Schuylkill River. The old-time industries were paper, flour, cotton, and woolen mills, steel works, brickyards, etc. Bridgeport is six miles (10 km) east of Valley Forge, Pennsylvania. In 1777, during the American Revolutionary War, General George Washington and the Continental Army passed through Bridgeport on their way to their winter encampment in Valley Forge. 3,097 people lived in Bridgeport in 1900; 3,860 in 1910; and 5,904 in 1940. The population was 4,371 at the 2000 census.