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.
Baldwin City is a city in Douglas County, Kansas, United States about 12 miles (19 km) south of Lawrence and 15 miles (24 km) west of Gardner. It is part of the Lawrence, Kansas Metropolitan Statistical Area. The population was 3,400 at the 2000 census. The city is home to Baker University, the oldest four-year university in the state. It is the only town with its name in the United States.