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.
Gilberton is a borough in Schuylkill County, Pennsylvania, four miles (7 km) west by south of Mahanoy City. Extensive deposits of coal are in the region, and coal-mining had been practiced by many of the 4,373 people who lived there in 1900. The coal-mining industry was thriving in 1910, and 5,401 people lived in Gilberton. The population was 867 at the 2000 census.