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.
For other uses, see Lebanon (disambiguation). Lebanon is a city in St. Clair County, Illinois, United States. The population was 3,523 at the 2000 census. Like many other places in "Little Egypt" or Southern Illinois, Lebanon was named after the Middle Eastern country of the same name. It is a part of the Metro-East region of the Greater St. Louis metropolitan area. Lebanon is home to McKendree University, the oldest college in Illinois.