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.
Wheatland is a borough in Mercer County, Pennsylvania, along the Shenango River. The population was 748 at the 2000 census. It is part of the Youngstown–Warren–Boardman, OH-PA Metropolitan Statistical Area. Wheatland suffered extensive damage on May 31, 1985, when a severe tornado struck the area. The tornado killed 18 (seven of whom were Wheatland residents), injured over 300, and was easily the most powerful and damaging in Pennsylvania's history.