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.
Masontown is a borough in Fayette County, Pennsylvania, United States. It is part of the Pittsburgh Metro Area. The population was 3,611 at the 2000 census. The town is served by the Albert Gallatin Area School District. It is a small crossroads for the rural portions of western Fayette County, and it contains a small shopping center and a grocery store within its business district.