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.
Towanda is a borough in and the county seat of Bradford County, Pennsylvania, United States, 66 miles (106 km) northwest of Wilkes Barre, on the Susquehanna River. The name means "burial ground" in the Algonquian language. Settled in 1784 and incorporated in 1828, Towanda was once known primarily for its industrial interests, which included flour, planing and silk mills, a foundry and machine shop, dye works, and manufactories of talking machines, cut glass, toys and furniture. The population in 1900 was 4,663 and, in 1910, 4,281. The population was 3,024 at the 2000 census.