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.
Grand Ledge is a city in the U.S. state of Michigan. The city lies mostly within Eaton County, though a small portion extends into Clinton County, and sits above the Grand River 12.7 miles (20.4 kilometers) directly west of downtown Lansing. The population was 7,813 at the 2000 census. The city is well-known for, and named for, its 300-million-year-old, sandstone and quartzite rock ledges that rise 60 feet (18 m) above the Grand River and are used by recreational rock climbers.