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.
Alden is an unincorporated community located in Helena Township in Antrim County in the U.S. state of Michigan. It is situated at the southeast end of Torch Lake, about 20 miles northeast of Traverse City. Alden is at 44°52′52″N 85°16′32″W / 44.88111°N 85.27556°W / 44.88111; -85.27556 and the FIPS place code is 01060. The elevation is 604 feet above sea level. The Alden ZIP code 49612 serves portions of Helena Township as well as Custer Township to the east and Clearwater Township to the south and Rapid River Township to the south in Kalkaska County. The community first began to develop after a store was built in Helena Township in 1868. The settlement that formed around it was initially called Noble. Because it was located at the mouth of Spencer Creek, the community became known as Spencer Creek and received a Post Office with that name on June 15, 1869. After the Pere Marquette Railway came to the town in 1891, the post office was renamed Alden on July 18, 1892, for William Alden Smith, who was an official with the railroad company. Smith later became U.S. Representative and U.S. Senator from Michigan.