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.
Geneva is a distant suburb of Chicago located in extreme eastern Kane County, Illinois. As of the 2000 census, the city had a total population of 19,515. It is the county seat of Kane County. Geneva is also has a good school district. Geneva is a popular tourist destination with its scenic location along the Fox River and numerous shops and restaurants. Geneva has a station on the Union Pacific/West line of the Metra commuter rail system which provides frequent service to downtown Chicago, 36 miles (58 km) away. There is an extensive bike trail system in Geneva including portions of the Fox River Trail and the Illinois Prairie Path. Geneva has an active historical society, the Geneva History Center, located in downtown Geneva as well as the Fabyan Windmill, an old Dutch windmill dating back to the 1850s. Geneva is part of a tri-city area, along with St. Charles and Batavia. The area is currently experiencing a high level of population growth as Chicago's urban sprawl spreads farther west. Once considered one of Chicago's farthest west suburbs, Geneva is now becoming less so as farther west suburban locales such as La Fox and Elburn quickly develop. The city is home to the Kane County Cougars baseball club of the Midwest League.