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 Wilcox is located in Elk County, Pennsylvania within the Saint Marys metropolitan area. The community was named after a settler, Col. A.I. Wilcox. The year 2008 marks the 150th anniversary of the settling of this village. The quality of life here combines modern conveniences with traditional values. Wilcox is located in Jones Township which is home of the Allegheny Mountains, and the East Branch Lake. Over 250,000 visitors a year come to Wilcox to enjoy the natural foresting, fishing, hunting, and three state and national parks.