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.
Jermyn, known as "The Birthplace of First Aid in America," is a borough in Lackawanna County, Pennsylvania, on the Lackawanna River, 12 miles (19 km) northeast of Scranton. A productive anthracite coal field was in the region in 1900 when 2,567 people lived here. In 1910, 3,158 residents of Jermyn were tallied. In the early years of the twentieth century, coal mines, cut-glass works, silk, powder, grist, planing, and saw mills, bottling works, and fertilizer factories dotted the borough. The population was 2,287 at the 2000 census. Jermyn is the mailing address of the Lakeland School District. The section of town east of the Lackawanna River and west of the small section of Archbald known as "Nebraska", East Jermyn is commonly referred to as "Calico Lane" or "The Lane".