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.
Byron is a city in Ogle County, Illinois, United States located on the Iowa, Chicago and Eastern Railroad, Illinois Route 72, and Illinois Route 2. The population was 2,917 at the 2000 census. The population was 3,582 (+22.8% change) in the July 2005 estimate census, and 3,865 (+30% change) in the city's own census in 2006. The Byron Nuclear Generating Station, currently owned by Exelon Corporation, is just south of Byron. The station provides a great deal of the electricity used in northern Illinois. The town is also the birthplace of Albert Spalding and Wilson Irvine.