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.
New Athens is a village in St. Clair County, Illinois, United States. The population was 1,981 at the 2000 census. New Athens sits on the Kaskaskia River and was originally called Athens. The village was laid out in 1836 and later incorporated in 1866. The name change to New Athens came in 1868 after it was discovered there was already an Athens in another part of the state. The area is known for the water sports recreation, including annual boat races and fishing derby. It is also the home of the Peabody River King Conservation Area. The Village is the home of New Athens Community Unit School District #60 (NACUSD 60) - New Athens Township High School Yellow Jackets. The school website, http://www. na60. org provides additional resources and references. Since New Athens is in the Metro East area of St. Louis, it also has a place in the local brewery history. At one point New Athens was home to Mound City Brewery until the 1950s. Baseball is a big sport in the area and the village has produced a number of athletes that have played professionally. One of the favorite sons is Whitey Herzog, a former Major League Baseball outfielder and manager. Other former major leaguers with New Athens ties include Larry Stahl, Mickey Haefner, Warren Hacker, and Rich Hacker. New Athens is home to a Roman Catholic church which is named St. Agatha's.