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.
Ligonier is a borough in Westmoreland County, Pennsylvania, United States. The population was 1,695 at the 2000 census. Ligonier was settled in the 1760s. The borough is well known for nearby Idlewild Park, one of the oldest amusement parks in the country, and nearby Seven Springs Mountain Resort. Another tourist attraction is Fort Ligonier Days, a parade and craft market that takes place every fall over the course of three days. Ligonier is part of the Pittsburgh Metropolitan Statistical Area. Ligonier is the site of a reconstruction of Fort Ligonier, an example of a frontier fort of the French and Indian War. Ligonier is also known for its downtown square, the Diamond, which has a bandstand in the middle.