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.
Des Plaines is a city in Cook County, Illinois, United States. It has adopted the official nickname of "City of Destiny. " As of the 2000 census, the city had a total population of 58,720. It is a suburb of Chicago, and its next to O'Hare International Airport. The Des Plaines River runs through the city, just east of its downtown area. Des Plaines is a very economically diverse city, with home values ranging from $30,000 to more than $1,000,000.