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.
Hillsdale is a city in the state of Michigan. As of the 2000 census, the city population was 8,233. It is the county seat of Hillsdale County, and is run as a council-manager government. On November 8, 2005, 18-year-old high school student Michael Sessions, was elected mayor as a write-in candidate, defeating 51-year old incumbent Doug Ingles, and at the time of his election believed to be the youngest mayor in the United States. The city is the home of Hillsdale College, a private liberal arts college noted for its academics and its influence in politics and education. The city is situated mostly within Hillsdale Township, but is a municipality governed independently of the township. Nearby communities include: Allen, Bankers, Cambria, Camden, Frontier, Jerome, Jonesville, Litchfield, Montgomery, Moscow, Mosherville, North Adams, Osseo, Pittsford, Prattville, Ransom, Reading, and Waldron.