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.
Hebron is a village in McHenry County, Illinois, in the United States. As of the 2000 census, the village population was 1,038. The local high school is the smallest to win the Illinois boys' basketball championship. In 1952, with just 98 students in attendance, Alden-Hebron High School won the state title with an overtime victory over Quincy. At the time all schools, regardless of enrollment, competed for a single championship. A town landmark is its water tower, painted to resemble a basketball to commemorate the 1952 state championship. Inside the high school, the trophy is displayed in a glass case next to the center circle was taken out as a token. Also, a book was written by Scott Johnson & Julie Kistler called, Once There Were Giants. Medal of Honor recipient Elmer Bigelow, who died saving his ship in World War II, was born and raised in Hebron. He is buried at Linn-Hebron Cemetery northwest of town.