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.
Minooka is a village in Grundy, Kendall, and Will Counties, Illinois, United States. The population was 3,971 at the 2000 census. Minooka currently has two high schools in its district, a campus for juniors and seniors and a newer campus for freshman and sophomores. Minooka School District 201 (elementary district) has a total of 5 schools and is scheduled to have 7 next year. Minooka has continuously been growing and has many new subdivisoins.