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.
Kennett Square is a borough in Chester County, Pennsylvania, United States. It is known as the Mushroom Capital of the World because mushroom farming in the region produces over a million pounds of mushrooms a year. To celebrate this heritage, Kennett Square has an annual Mushroom Festival, where the town shuts down to have a parade, tour mushroom farms, and buy and sell food and other goods. It is also home to the corporate headquarters of Genesis HealthCare which administers elderly care facilities. Its population was 5,273 at the 2000 census.