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.
Chalfont is a home rule municipality located in Bucks County, Pennsylvania, United States. The population was 3,977 at the 2000 census. Chalfont is named after Chalfont St Giles in Buckinghamshire, England. Chalfont was the home of William Penn's first wife, and William Penn is buried at Jordans Quaker Meeting House near Chalfont St Giles. The Chalfont Historic District is listed on the National Register of Historic Places and contains many American colonial and Victorian-style houses. Several of these are former residences which are currently occupied by businesses and are concentrated near the intersection of Butler Avenue and North Main Street and extend along North Main Street.