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.
Muddy is a small incorporated village located in the Harrisburg Township in Saline County, Illinois, United States. The population was 78 at the 2000 census. Muddy was built as a coal mining village to house miners working in O'gara #12 mine located on the north bank of the Saline River. It's sister city of Harrisburg is located on the south bank. Muddy, until 2002, held the smallest post office in the United States. A larger building adjacent from the former post office was constructed to better serve its citizens. The old post office remains, and the sign now reads "OLD MUDDY POST OFFICE". Most of Muddy's history, the village was built to serve. First serving the Ogara #12 mine, and now serving the City of Harrisburg as retail and commercial land high enough to withstand flooding from the Saline River.