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.
Forksville is a borough in Sullivan County, Pennsylvania, United States. The population was 147 at the 2000 census. It is the home of the 150 year old Forksville General Store, down the road from the Sullivan County Fairgrounds, and near Worlds End State Park. The name comes from the confluence of Little Loyalsock Creek and Loyalsock Creek within the borough.