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.
Montrose is a borough in Susquehanna County, Pennsylvania, United States, 46 miles (74 km) north by west of Scranton. Montrose was laid out in 1812 and incorporated as a borough on March 19, 1824. Its name is a combination of "mont", the French word for “mountain” and Rose, for Dr. L R. Rose, a prominent citizen. The land is elevated about 1,400 feet (427 m) above sea level. The traditional older industries included creameries and the manufacturing of cut glass, boxes, sawing machinery, lumber, etc. In 1900, 1,827 people lived here, and in 1910, 1,914 people lived here. The population was 1,664 at the 2000 census. A 2007 estimate states that the population is 1,843. It is the county seat of Susquehanna County. The area of Montrose is notable for its many quarry sites. A type of rock that is indigenous to this area is called blue stone. The Montrose Club a private golf course is said to be one of the oldest golf courses in the United States.