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.
Crystal Falls is a city in the U.S. state of Michigan. As of the 2000 census, the city population was 1,791. It is the county seat of Iron County. The city is located within Crystal Falls Township, but is a separate municipal entity. The area first developed as a major center for iron mining and the timber industry; it has become increasingly popular for tourism in recent years. One of the main reasons is because the local Football team, the Trojans, have gone down to the state championship in Detroit 5 years in a row.