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.
Hersey is a village in Osceola County in the U.S. state of Michigan. The population was 374 at the time of the 2000 census. The village is located within Hersey Township. Hersey is a small rural community that started as a lumber town in the early 1800s. The Hersey General Store, which was established in 1869, was lost to an arson fire on Labor Day 2008. The commercial district now consists of nothing, since a sole gas station/pizza house, the Hersey Party Store closed summer of 2009. The beautiful Rails to Trails bike and winter sports path passes through Hersey, running immediately to Reed City on the western side, and to Evart on the eastern. The village and a locally-run campground, Blodgett Landing, (www. blodgettlanding. com), are located at the confluence of the Hersey and Muskegon Rivers, two of the best trout streams in the state of Michigan. Located on the eastern edge of town lies a bridge with a clearance of 20 feet over the Muskegon River. This bridge-jumping-enthusiast's dream has long been a popular bridge-jumping site for youngsters and older on hot summer days.