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.
Seward is an unincorporated community in Winnebago County, Illinois, and is located west of Rockford. It is part of the Rockford, Illinois Metropolitan Statistical Area. In early 2007, a leak at Seward Ag caused the release of 38,000 to 40,000 pounds of anhydrous ammonia gas. This resulted in a full evacuation of the village until the next day. Ten people were treated for throat irritation at Rockford hospitals. Three cows and four pigs were killed because of exposure to anhydrous ammonia.