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.
Wilmette is a village in New Trier Township, Cook County, Illinois, United States. It is located 14 miles (23 km) north of Chicago's downtown district (or 3 mi/5 km from Chicago's northern border) and has a population of 27,651. Wilmette is considered a bedroom community in the North Shore district. In 2007, Wilmette was ranked as the seventh best place to raise children in the U.S. , according to Business Week.