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.
Tinley Park is a village located primarily in Cook County, Illinois, United States with a small portion in Will County. The population was 48,401 at the 2000 census, and 58,322 in the 2007 census. It is one of the fastest growing suburbs south of Chicago. In 2009, Tinley Park was selected by BusinessWeek as the best place to raise a family in America.