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.
Long Pond, Pennsylvania is an unincorporated community in the Pocono Mountains region of Pennsylvania, a part of the Appalachian Mountains. The zip code is 18334. It is primarily noted as the location of Pocono Raceway, a track which hosts two annual NASCAR Sprint Cup races and other events, the Pocono 500 in June and the Pennsylvania 500 in August as of 2007.