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.
Spruce Creek is a small unincorporated community in Spruce Creek Township of Huntingdon County, Pennsylvania, United States. It was a stop on the former Pennsylvania Railroad Main Line, lying along Spruce Creek at its confluence with the Little Juniata River. The river passes through a nearby water gap in Tussey Mountain downstream of the village, along with the railroad line. In the eighteenth and nineteenth centuries, it was the location of a large woollen mill, but is now best known as the site of Indian Caverns which has been open to the public since 1929.