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.
Galesburg is a city in Knox County, Illinois, in the United States. As of the 2000 census, the city population was 33,706. It is the county seat of Knox County. Galesburg is home to Knox College, a private four-year liberal arts college, and Carl Sandburg College, a two-year community college. Galesburg City Township is an active township that is coterminous with the city. Galesburg is the principal city of the Galesburg Micropolitan Statistical Area, which includes all of Knox and Warren counties.