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.
Cherokee is a city in Cherokee County, Iowa, United States. The population was 5,369 at the 2000 census. It is the county seat of Cherokee County. Cherokee is the home of the Sanford Museum and Planetarium which has exhibits and activities on a variety of subjects including: archaeology, art, astronomy, geology, history, natural history, and paleontology. Cherokee is the smallest town in the world to have its own symphony orchestra, the Cherokee Symphony. This 60-member orchestra has been referred to as "the best kept secret in Northwest Iowa". City events include the annual jazz festival in January, the Cherokee County Fair, and the Cherokee Rodeo. Cherokee is also the home of the Cherokee Mental Health Institute, under the Iowa Department of Human Services. The nearby Cherokee Sewer Site is a well-preserved prehistoric Indian bison processing site which helped to redefine the Archaic period in the Midwest and the Phipps Site is a National Historic Landmark 1000-year old Plains farming village that may have been fortified.