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.
Leechburg is a borough in southern Armstrong County, Pennsylvania, United States, 35 miles (56 km) northeast of Pittsburgh. Leechburg was founded by David Leech, for whom it was later named, and was incorporated as a borough in 1850. Located along the Kiskiminetas River, Leechburg was known as a major port of the Pennsylvania Canal. Early in the twentieth century, it had been the site of extensive steel sheet works, foundries, cement plants, and productive coal mines. Leechburg was the first place where natural gas was used for industrial purposes.