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.
Churubusco, often shortened to Busco /ˈbʌskoʊ/), is a town located near the headwaters of the Eel River in the extreme northeast corner of Whitley County, Indiana, United States, in Smith Township, about 11 miles northwest of Fort Wayne, of which it is considered a bedroom community. The population was 1,666 at the 2000 census.