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.
Centralia is a city located in Marion, Washington, Clinton, and Jefferson Counties in the U.S. state of Illinois. The population was 14,136 at the 2000 census. The town was founded because it was the point where the two original branches of the Illinois Central Railroad, built in 1856, converged. The town is named for the railroad. The current mayor is Rebecca Ault. Because of its unique location within multiple counties, portions of Centralia are associated with different Core Based Statistical Areas (CBSAs). The Centralia Micropolitan Statistical Area includes all of Marion County. The Clinton County portion of the city is considered part of the St. Louis, MO–IL Metropolitan Statistical Area, while the Jefferson County portion lies within the Mt. Vernon Micropolitan Statistical Area. The portion of Centralia in Washington County is not considered part of any metropolitan or micropolitan area.