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.
Roscoe is a village in Winnebago County, Illinois, a suburb of Rockford incorporated in 1965. The village is in a suburban area along the Rock River. It is part of the Rockford, Illinois Metropolitan Statistical Area. As of the 2000 census, the city population was 6,244. Since then, the area has been undergoing a period of rapid growth, with Census Bureau workers in 2005 estimating that the population is now around 10,000. There have been numerous border disputes with its neighbor to the west, Rockton, Illinois and development and annexations continue by both villages. Recent growth has included the Promontory Ridge and Hidden Creek custom home subdivisions east of the Illinois Tollway, I-39/I-90. David Krienke is the Village President, elected in April 2007 for a four year term. He is a former trustee of the Village and also served on board of Winnebago County, Illinois.