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.
Harbor Springs is a city in Emmet County in the U.S. state of Michigan. The population was 1,567 at the 2000 census. Harbor Springs is in a sheltered bay on the north shore of the Little Traverse Bay on Lake Michigan. The Little Traverse Lighthouse is a historic lighthouse on the Harbor Point peninsula that forms the natural harbor there. M-119 connects with US 31 seven mile east and south at Bay View, with Petoskey just five miles away on the south side of the harbor. The area is known for its historic summer resorts, such as Wequetonsing, which was founded by Illinois businessmen and lawyers Henry Stryker, III, and Henry Brigham McClure, both of whom were interconnected with the Jacob Bunn industrial dynasty of Illinois.