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.
Winnetka is a village located approximately 14 miles (23 km) north of downtown Chicago in Cook County, Illinois. Winnetka is located at 42°6′22″N 87°44′16″W / 42.10611°N 87.73778°W / 42.10611; -87.73778Coordinates: 42°6′22″N 87°44′16″W / 42.10611°N 87.73778°W / 42.10611; -87.73778 (42.106227, -87.73801).. Winnetka is located 198m (650ft) above sea level and has a magnetic declination of 3° 10' W. According to the United States Census Bureau, the village has a total area of 3.9 square miles, of which 3.8 sq mi (9.8 km) is land and 0.1 sq mi (0.26 km) (2.30%) is water.