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.
Buchanan is a city in Berrien County in the U.S. state of Michigan. The population was 4,681 at the 2000 census. The city is located at the southeast corner of Buchanan Township, about 5 miles (8 km) west of Niles. Popularly known as "Redbud City" because of the many redbud trees that have historically lined city streets and the major approaches to the city, Buchanan has long been recognized as a Tree City USA by the National Arbor Day Foundation.