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.
Stahlstown is a small unincorporated community in Cook Township, Westmoreland County, Pennsylvania. It is 50 miles south of Pittsburgh, Pennsylvania, just a few miles from the Donegal exit on the Pennsylvania Turnpike, located at the intersection of route 711 and route 130. It is named for Leonard Stahl, an early settler. At one time the small village had as many as three gas stations, a general store, a pub, post office, firehouse, and a Nickelodeon movie theater. The Stahlstown Flax Scutching Grounds is home to the nations second oldest continued Flax Scutching Festival, held annually on the second weekend in the month of September. In 2007, the festival celebrated its 100th anniversary. During the second week of July, the grounds also host the Chestnut Ridge Community Volunteer Fire Company Fair complete with amusement rides, a parade and fireworks.