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.
Paloma, Illinois is an unincorporated community in Adams County, Illinois, United States. Its main auxiliary route is U.S. Route 24 and is within two miles of Coatsburg, another rural community. During the early 1900s the village was famous for its pickle production and was often nicknamed "Pickleville" because of the vast pickle farms. Paloma is part of the Quincy, IL–MO Micropolitan Statistical Area.