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.
Salem is a city located in the U.S. state of Illinois. It is the county seat of Marion County. The population was 7909 at the 2000 census. Salem is the birthplace of William Jennings Bryan and his brother vice presidential candidate Charles W. Bryan, the G. I. Bill of Rights, and Miracle Whip salad dressing. It is also home to three homes on the National Register of Historic Places: the Charles and Naomi Bachmann House; the Badollet House; and the William Jennings Bryan Boyhood Home.