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.
Beecher is a village in Will County, Illinois, United States. The population was 2,033 at the 2000 census. It was founded in 1870 and was named for Henry Ward Beecher. Beecher failed to appear at the town's dedication. It was incorporated as a village in 1884. Originally governed by a village president and board of trustees, in 1988 a village administrator was hired to handle daily tasks. The city clerk is an appointed position. It is located on the old Chicago and Eastern Illinois Railroad and the Dixie Highway. It is located in the center of Washington Township and was originally named Washington Center.