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.
Dwight is a village in located mainly in Livingston County, Illinois, with a small portion in Grundy County, Illinois. The population was 4,363 at the 2000 census. Dwight contains an original stretch of the famous U.S. Route 66, and uses a railroad station designed in 1891 by Henry Ives Cobb. Its about 80 miles (129 km) southwest of Chicago. I-55 bypasses the village to the north and west.