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.
Jacksonville is a city in Morgan County, Illinois, United States. The population was 18,940 at the 2000 census. It is the county seat of Morgan County. The town was named in 1825 for future president Andrew Jackson, the commander of American forces at the Battle of New Orleans (1815) and presidential hopeful in 1824. Jacksonville was a major stopping point on the historic Underground Railroad. An Annual Civil War reenactment celebration is named for Jacksonville resident U.S. Army General Benjamin Grierson. Jacksonville is the principal city of the Jacksonville Micropolitan Statistical Area, which includes all of Morgan and Scott counties.