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.
Watseka is a city in and the county seat of Iroquois County, Illinois, United States. It is located approximately 15 miles (24 km) west of the Illinois-Indiana state line on U.S. Route 24. The city population was 5,670 at the time of the 2000 census. The south half is in Belmont Township; the north half is in Middleport Township. Incorporated in 1865, Watseka is named for a Potawatomi Native American woman Watseka (Watchekee).