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.
Forest City is a city in Hancock and Winnebago Counties in the U.S. state of Iowa, and the county seat of Winnebago County. The population was 4,362 at the 2000 census. It is the headquarters of Winnebago Industries, which manufactures motorhomes. It is also the home of Waldorf College, a small college affiliated with the Evangelical Lutheran Church in America. Forest City claims to be the smallest city in the United States with its own YMCA. Pilot Knob State Park is located a few miles east of the city. Forest City Community Schools operates a wind turbine that provides 60% of the energy needs of elementary, middle, and high school.