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Mergers And Acquisitions Law Lawyers In East Peoria Illinois

East Peoria is a city in Tazewell County, Illinois, United States. The population was 22,638 at the 2000 census. East Peoria, is not a suburb of Peoria, but is part of the Peoria, Illinois Metropolitan Statistical Area. Many people mistaken East Peoria as an suburb or subdivison of Peoria when actually its a city on its own; residing in a separate county. Peoria, Peoria County, Illinois, is located across the Illinois River from East Peoria. It is home to many Caterpillar Inc. facilities. The city is also the site of the home campus of Illinois Central College, a regional community college, Par-A-Dice Hotel and Casino, and the eight story Embassy Suites Hotel and Riverfront Conference Center,Central Illinois's largest hotel that has 226 two-room luxury suites; opened in Fall of 2007. The main commercial area of East Peoria is just across the river from downtown Peoria.

What is mergers and acquisitions law?

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.