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.
Linesville is a borough in Crawford County, Pennsylvania, United States. The population was 1,155 at the 2000 census. The town gets its name from its founders, which included William Line (the grandson of a Swiss immigrant), who migrated from Carlisle, Pennsylvania circa the early 1820s, and his relative, Amos Line who was the town's surveyor and main proprietor.. Amos Line "penetrated the western Pennsylvania wilderness as a member of the Pennsylvania Population Company in the early 1800’s."