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.
Rockford is a mid-sized city located on both banks of the Rock River in far northern Illinois. Often referred to as "The Forest City", Rockford is the county seat of Winnebago County, Illinois, USA. As reported in the 2000 U.S. census, the city was home to 150,115 people, while in the 2008 estimate, it was said to have a population of 157,272. The metropolitan area has 339,178 residents as of the 2000 census. During the latter part of the 20th century Rockford was the second largest city in Illinois. The current mayor is Lawrence J. Morrissey, an independent elected to a second four year term in April as of 2009.