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 Kensington is a city in Westmoreland County, Pennsylvania situated along the Allegheny River 18 miles (29 km) northeast of Pittsburgh. The population was 14,701 at the 2000 Census. The mayor of New Kensington is Tom Guzzo (D), elected in 2009. He succeeded Mayor Frank E. Link (D), elected in 2001.