OpenJurist

Mergers And Acquisitions Law Lawyers In Kelleys Island Ohio

Kelleys Island is both a village in Erie County, Ohio, United States, and the island which it fully occupies in Lake Erie. Originally known as Island Number 6 and later Cunningham Island, it was renamed in 1840 for brothers Datus and Irad Kelley, who were largely responsible for cultivatating the island's quarrying, logging and winemaking industries. As of the 2000 census, the village had a total permanent population of 367. It is the largest of the American Lake Erie Islands, and is a part of the Sandusky, Ohio Metropolitan Statistical Area.

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.