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.
Elburn is a village in Kane County, Illinois, United States. The population was 4,751 as of 2006. It is located at the intersection of Illinois Route 38 and Route 47. Elburn is a far-west suburb situated 46 miles (74 km) due west of the Chicago Loop with frequent service on the Union Pacific/West line of the Metra commuter rail system.