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.
Highwood is a city in the Morraine Township of Lake County, Illinois, United States. The population was 4,143 at the 2000 census. Highwood is a neighbor to Highland Park and the two share a weekly newspaper and school district. An attempt was made in 2005 to convert Highwood to a home rule city, but this effort failed, limiting the town's abilities to raise funds and pass ordinances. Highwood achieved home rule status in 2007.