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.
Niota is an unincorporated community in Appanoose Township, Hancock County, Illinois. The community is located on the bank of the Mississippi River and is at the eastern end of the Fort Madison Toll Bridge, which connects Niota to Fort Madison, Iowa. Niota is the western terminus of Illinois Route 9 and is also served by Illinois Route 96, which is part of the Great River Road. The community suffered severe damage from the June 2008 Midwest floods. The Federal Emergency Management Agency (FEMA) proposed that the community be relocated and incorporated at a cost of $8.5 million, though most townspeople would prefer to stay where they are.