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.
The village of Tannersville, in Pocono Township, Pennsylvania, is the site of the popular Camelback Water Beach & Ski Area. It is in the Eastern Standard time zone. Elevation is 883 feet (269 m). As of 2000, the population of Tannersville (ZIP Code 18372) was 2,784. Tannersville was founded in approximately 1750 by John Larner, formerly of Philadelphia. Tannersville, according to one historian, was first called Pocono Point. Many Indian trails were later widened for stagecoach use, and later evolved into highways. Two of the most famous of these are Lackawanna Trail (now Rt. 611 through Tannersville and Sullivan's Trail. Learned's Tavern was established along the Lackawanna Trail, and in 1779, was the last building on the frontier. On June 18, 1779, General John Sullivan and his soldiers camped at the Learn's or Learned's Tavern. They then cut a road through the wilderness. Tannersville also consists of The Crossings: Premium Outlets, a major tourist attraction.