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.
New Brighton is a borough in Beaver County, Pennsylvania, United States, located along the Beaver River 28 miles (45 km) northwest of Pittsburgh. There are deposits of coal and clay in the vicinity. In the past, articles produced here included pottery, bricks, sewer pipe, glass, flour, twine, lead kegs, refrigerators, bath tubs, wall paper, steel castings, nails, rivets, wire, etc. In 1900, 6,820 people lived here; In 1910, 8,329; and in 1940, 9,630 people inhabited New Brighton. The population was 6,641 at the 2000 census.