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 Valley Forge is an unincorporated settlement located on the west side of Valley Forge National Historical Park at the confluence of Valley Creek and the Schuylkill River. The remaining village is in Schuylkill Township of Chester County, Pennsylvania, but once spanned Valley Creek into Montgomery County. The name Valley Forge is often used to refer to anywhere in the general vicinity of the park, and many places actually in King of Prussia, Trooper, Oaks, and other nearby communities will use the name, leading to some ambiguity on the actual location of the modern village. There is a partial re-creation of the historic village from the time of the American Revolution that is located next door, and just within the outskirts of the park. Valley Forge is known by travelers in the Philadelphia area as the westbound control city on Interstate 76, as it is near where I-76 joins the Pennsylvania Turnpike.