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.
Wattsburg is a borough in Erie County, Pennsylvania, United States. The population was 378 at the 2000 census. It is part of the Erie Metropolitan Statistical Area. Wattsburg is along the banks of French Creek (Allegheny River). Incorporated in 1833, Wattsburg was once a thriving stagecoach center. Wattsburg is notable as the home of Gary Kanis (better known as "Wattsburg Gary"), the number one user on the popular currency tracking website Where's George?.