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.
Weatherly a borough in Carbon County, Pennsylvania, located 12 miles (19 km) northwest of Jim Thorpe and 28 miles (45 km) northwest of Allentown. Early in the twentieth century, there were silk mills, foundries, a candy factory, a fabricating plant, and a cigar factory. In 1900 2,471 people lived there, and in 1910, the population was 2,501. The population was 2,612 at the 2000 census. Weatherly's elevation is 1,437 feet (438 m) above sea level. Originally called Black Creek, it received a name change to Weatherly in 1848. Clock-maker David Weatherly, also an executive of the Beaver Meadow Railroad made an agreement with the town that he would build them a clock if they would rename the town Weatherly.