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.
Dickson City is a borough in Lackawanna County, Pennsylvania, 4 miles (7 km) north of Scranton. Coal mining had been an important industry in the past. Some of the population totals follow: in 1900, 4,948; in 1910, 9,331; in 1920, 11,049; and in 1940, 11,548. Coal miners are much scarcer in Pennsylvania today than they had been, so populations have fallen in many places such as Dickson City; The population was 6,205 at the 2000 census.