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.
Laporte is a borough in Sullivan County, Pennsylvania, United States. The population was 290 at the 2000 census. It is the county seat of Sullivan County. Laporte is surrounded by Laporte Township. It was named for John Laporte. It is the smallest county seat in Pennsylvania by population (as of the 2000 Census), and in 1969 was one of the two smallest in the United States.