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.
Mercer is a borough in Mercer County, Pennsylvania, United States. The population was 2,391 at the 2000 census. It is the county seat of Mercer County. Mercer is part of the Youngstown–Warren–Boardman, OH-PA Metropolitan Statistical Area. The community was named after physician Brigadier General Hugh Mercer. Brigadier General Mercer was a close friend to General Washington and became a rallying point for the Battle of Princeton. Mercer is the birthplace of the 19th century painter Samuel Waugh, as well as musician Trent Reznor, creator of the band Nine Inch Nails. Mercer is also known for its Memorial Day Parade with the main street lined with 500 flags. Each February it holds Penn's Woods West Arts & Crafts Festival at the Mercer Area High School as well Victorian Days in the summer. Many attend the outdoor concerts by the Mercer Community Band on Friday evenings each summer.