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.
Woodridge, Illinois is a suburban city of Chicago, located primarily in DuPage County, with portions in Will County and Cook County, Illinois in the United States. It uses the 630 and 331 area codes. The population was 30,934 at the 2000 census. A special census commissioned in 2003 put the population at 33,253. Woodridge is the home of the Morey Corporation, a campus of Westwood College, Wilton Industries, Pabst Brewing Company and the Seven Bridges golf course and housing development. Woodridge was incorporated on August 24, 1959 with less than 500 residents, on a wooded area of high ground overlooking the DuPage River's East Branch. Woodridge is a young community with the vast majority of its homes, businesses, and churches constructed after the 1950s. Woodridge was founded by a housing developer, Albert Kaufman, who was largely responsible for the creation of the village. In July 2007, Woodridge was ranked #61 on Money Magazine's, 100 Best Places to Live.