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.
Irwin is a borough in Westmoreland County, Pennsylvania, 22 miles (35 km) southeast of Pittsburgh. Some of the most extensive bituminous coal deposits in the State are located here. In the past, iron foundries, flour mills, car shops, facing and planing mills, electrical goods, and mirror factories provided employment to the residents. In 1900, the population numbered 2,452; it increased to 2,886 in 1910. The population was 4,366 at the 2000 census.