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.
Effingham is a city in Effingham County, Illinois, United States. The population was 12,384 at the 2000 census. It is the county seat of Effingham County. The city bills itself as "The Crossroads of Opportunity" & "Crossroads of many state police" because of its location at the intersection of two major Interstate highways: I-57 running from Chicago to Miner, Missouri, and I-70 running from Utah to Maryland. Thus, Effingham has a broad range of restaurants, lodging, and shopping facilities. Effingham is also located on U.S. Highway 40, the historic National Road.