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.
Highland Park is a city in the Moraine Township of Lake County, Illinois, United States. The population was 31,365 at the 2000 census. It now has 33,492 citizens as of September 28, 2009. Highland Park is one of several affluent towns on the North Shore of Chicago. The city evolved from two settlements: St. John and Port Clinton, but the main downtown area was known as Port Clinton and was a lumber port.