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.
Grayslake is a village in Lake County in the U.S. state of Illinois. It is located in the Chicago metropolitan area, about 40 miles (64 km) north of Chicago’s downtown, 14 miles (23 km) west of Lake Michigan, and 15 miles (24 km) south of the Wisconsin border. The village's population at the 2000 census was 18,506. As of a special census conducted in 2003, the population was 20,330. Grayslake is home to the College of Lake County,the University Center of Lake County and the Lake County Fairgrounds.