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.
Sharon is a city in Mercer County, Pennsylvania, in the United States, 75 miles (121 km) northwest of Pittsburgh. It is part of the Youngstown–Warren–Boardman, OH-PA Metropolitan Statistical Area. Sharon was settled in 1795, incorporated as a borough on October 6, 1841, and incorporated as a city on December 17, 1918. The city operated under the PA third-class city charter until 2008, at which point it adopted a home rule charter under which the elected position of mayor was replaced with a hired city manager and financial officer.