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.
Kenilworth is a village in Cook County, Illinois, approximately 17 mi (28 km) north of downtown Chicago. It is the newest of the nine suburban North Shore communities bordering Lake Michigan, and is the only one developed as a planned community. The village is known for its affluence and has a reputation as the richest suburb in Chicago and eleventh wealthiest in the nation.