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Mergers And Acquisitions Law Lawyers In Kankakee Illinois

Kankakee is a city in Kankakee County, Illinois, in the United States. As of the 2000 census, the city population was 25,561. It is the county seat of Kankakee County. Kankakee is a principal city of the Kankakee–Bradley Metropolitan Statistical Area, which includes all of Kankakee County. The county is also part of the larger Chicago–Naperville–Michigan City, IL-IN-WI Combined Statistical Area. Library service is provided by the Kankakee Public Library.

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.