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.
Kaneville is a village in southwestern Kane County, Illinois, United States. It was incorporated in November 2006 and the first elected officials were chosen in elections held on April 17, 2007. The village had an estimated population of 608 as of July 1, 2007. Kaneville is part of the Chicago metropolitan area.