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.
Evanston, Illinois is a suburban municipality in Cook County, Illinois directly north of the City of Chicago, east of Skokie, and south of Wilmette, with an estimated population of 74,360 as of 2003. It is one of the North Shore communities that adjoin Lake Michigan. Evanston is concurrently a city and township, according to state and municipal charters. It is the home of Northwestern University.