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.
Hoffman Estates is a northwestern suburb of Chicago in Illinois. The village is located primarily in Cook County with a small section in Kane County, Illinois. As of the 2000 census, the village population was 49,495 and estimated to be 52,520 in 2003. The village was incorporated in 1959 . The village now serves as the headquarters location for the Sears Holdings Corporation, the midwest headquarters for AT&T and the American headquarters for Mori Seiki. It also hosts a series of special events at the Sears Centre Arena and is home to the Chicago Storm of the Major Indoor Soccer League, the Chicago Slaughter of the Continental Indoor Football League and the Chicago Bliss of the Lingerie Football League. Starting in 2009, the village will also become the home of the Heartland International Tattoo, one of the largest music & dance festivals of its kind in the Midwest.