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.
Shamokin Dam is a small borough in Snyder County, Pennsylvania, United States. The name is derived from a ten foot tall dam that was built across the Susquehanna River in the 1800s. The dam supported steamboat ferries run by Ira T. Clement, which transported goods and people between Shamokin Dam and the city of Sunbury on the Northumberland County side of the river. These ferries operated from 1772 until the Bainbridge Street Bridge was built in 1907. The dam also provided water to the Susquehanna Division of the Pennsylvania Canal System which was constructed on the western bank of the river. The dam was destroyed by ice in March 1904.