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.
Shabbona is a village in DeKalb County, Illinois, United States. The population was 929 at the 2000 census. The village takes its name from the Potawatomi chief and peacemaker Shabbona. Chief Shabbona traveled through the Fox Valley warning the white people about the approaching war Black Hawk was going to wage. He was hailed as the "Whiteman's Friend". When Shabbona was in Kansas visiting relatives, his land was appropriated.