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.
Big Bay is an unincorporated community in Marquette County of the U.S. state of Michigan. It is a census-designated place (CDP) for statistical purposes and does not have any legal status as an incorporated municipality. As of the 2000 census, the CDP population was 265. The community is located within Powell Township near the shore of "Big Bay" on Lake Superior. Although the Big Bay community is served by the Marquette ZIP code 49855, the Big Bay post office with ZIP code 49808, serves a much larger area to the west and south of the community and CDP, including portions of Powell Township as well as Ishpeming, Champion, Michigamme, and Ely townships.