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.
Windber is a borough in Somerset County, Pennsylvania, eight miles (13 km) south of Johnstown. It was at one time a place of industrial activities which included coal mining, lumbering, and the manufacture of fire brick. In 1897, the community was founded by coal barons Charles and Edward Julius Berwind owners of the Berwind Corporation. 8,013 people lived in Windber in 1910 and 9,057 in 1940; the population was 4,395 at the 2000 census. It is part of the Johnstown, Pennsylvania Metropolitan Statistical Area.