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.
Clinton is a city in Vermillion County, Indiana, United States. The population was 5,126 at the 2000 census. The city was established in 1829 and is named after DeWitt Clinton, who served as governor of New York from 1817 to 1823. Many of Clinton's original settlers were immigrants working in coal mines. Most of the immigrants were Italians trying to earn a living coal mining. Over time, the coal mining industry in Clinton died down but many of the Italian settlers stayed at Clinton.