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.
Lansdale is a borough in Montgomery County, Pennsylvania, 28 miles northwest of Philadelphia. Early in the twentieth century, its industries included agricultural implement works, a canning factory, foundries, brickyards, a silk mill, and manufacturers of cigars, stoves, shirts, rope, iron drain pipe, and glue. In 1900, 2,754 people lived here; in 1910, 3,551; and in 1940, 9,316 people were inhabitants of Lansdale. The population was 16,071 at the 2000 census.