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.
For the Illinois village once known as Charleston, see Brimfield, Illinois. Charleston is a city in and the county seat of Coles County, Illinois, United States. The population was 21,039 as of the 2000 census. The city is home to Eastern Illinois University and has close ties with its neighbor Mattoon, Illinois. Both are principal cities of the Charleston–Mattoon Micropolitan Statistical Area.