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.
Benld is a city in Macoupin County, Illinois, United States. The population was 1,541 at the 2000 census. The name derives from founder Benjamin L. Dorsey (d. June 19, 1895). Dorsey was responsible for gaining the land on which the town was built and coal mining rights. When it came time to name the village, he took the combination of his first name and his middle and last initial.